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- W2945736612 abstract "Initial periodizations of post-WWII capitalism by Marxist theorists picked up where early twentieth century theorists of imperialism left off. The Monopoly Capital perspective of Paul Baran and Paul Sweezy maintains the post-WWII era as a phase of increased monopolization leading to endless crises. J.K. Galbraith, in a non-Marxist approach, drew conclusions in line with Marxists on the “organized” nature of post-WWII capitalism. Such organization in his view leads to the formation of a new overarching managerial class of sorts dubbed the “technostructure”. With technostructure management, according to Galbraith, the potential for crises claimed by Marxists is dampened. Ernest Mandel offers a sweeping and sophisticated periodizing of capitalism from its inception. He theorizes the post-WWII stage as “late capitalism” and produces an important and enduring argument for the crisis of the golden age." @default.
- W2945736612 created "2019-05-29" @default.
- W2945736612 creator A5061790764 @default.
- W2945736612 date "2019-01-01" @default.
- W2945736612 modified "2023-09-27" @default.
- W2945736612 title "From Monopoly to “Late” Capitalism" @default.
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- W2945736612 doi "https://doi.org/10.1007/978-3-030-14390-9_3" @default.
- W2945736612 hasPublicationYear "2019" @default.
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