· Mandel’s book. Late Capitalism is the first major synthesis to have been produced by the contemporary revival of Marxist economics. It represents, in fact, the only systematic attempt so far ever made to combine the general theory of the “laws of motion” of the capitalist mode of production developed by Marx, with the concrete history of capitalism in the twentieth century/5. Ernest Mandel: Late Capitalism (/) the Rate of Surplus-Value in Late Capitalism 6. The Specific Nature of the Third Technological Revolution 7. The Reduction of the Turnover-Time of Fixed Capital and the Pressure towards Company Planning and Economic Programming 8. The Acceleration of Technological Innovation. Mandel’s book surveys in turn the main economic characteristics of late capitalism as it has emerged in the contemporary period. The last expansionary long wave, it argues, started with the victory of fascism on the European continent and the advent of the war economies in the US and UK during the s, and produced the record world boom of /5(7).
Published: 12 Late Capitalism (Verso Classics)|Ernest Mandel Jun Thanks for your help! I like everything about the paper - the content, formatting, and Late Capitalism (Verso Classics)|Ernest Mandel especially I like the ending paragraph. It is so passionate and creative that I was impressed. "Late Capitalism" is the first major synthesis to have been produced by the contemporary revival of Marxist economics. It represents, in fact, the only systematic attempt so far ever made to combine the general theory of the "laws of motion" of the capitalist mode of production developed by Marx, with the concrete history of capitalism in the twentieth century. Late Capitalism is the first major synthesis to have been produced by the contemporary revival of Marxist economics. It represents, in fact, the only systematic attempt so far ever made to combine the general theory of the "laws of motion" of the capitalist mode of production developed by Marx, with the concrete history of capitalism in the twentieth century.
The era of late capitalism is not a new epoch of capitalist development. It is merely a further development of the imperialist, monopoly-capitalist epoch. By implication, the characteristics of the imperialist epoch enumerated by Lenin thus remain fully valid for late capitalism. Secondly, we must express our regret at not being able to propose a better term for this historical era than ‘late capitalism’ – a term that is unsatisfactory because it is one of chronology, not of synthesis. Mandel s book surveys in turn the main economic characteristics of late capitalism as it has emerged in the contemporary period. The last expansionary long wave, it argues, started with the victory of fascism on the European continent and the advent of the war economies in the US and UK during the s, and produced the record world boom of. "Late Capitalism" is the first major synthesis to have been produced by the contemporary revival of Marxist economics. It represents, in fact, the only systematic attempt so far ever made to combine the general theory of the "laws of motion" of the capitalist mode of production developed by Marx, with the concrete history of capitalism in the twentieth century.
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