mixed_biscuits
_________________________
If anything, bumping off CEOs will increase executive pay as they will need danger money.
The Assassin
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- a leek inserted in corpseys bumhole behold the time of the assassins corpseys bum passage filled up with wine gums deny defend depose elf on hobbit crime free luigi! myrtle av one shot one kill you div tea robin hood with an m4 carbine the assasination of corpseys bumhole the old man of the mountain
version
Well-known member
Dunno, never heard of it.
mixed_biscuits
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I'm being serious. What does the term encompass for you? No point discussing it if we mean different things.
version
Well-known member
The Independent wants you all to know that you're sick and deplorable and it's very disappointed in you.
Luigi Mangione and the dark truth behind our reaction to arrest of ‘hot assassin’
Yes, internet sleuths helped police track down the suspect in the Brian Thompson case – but the reaction online since then has been less useful than it has salacious, writes Emma Clarkewww.independent.co.uk
The disconnect between the media and the public's been glaring on this one.
mixed_biscuits
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That's not all there is to capitalism as defined on economics.
Corpsey
bandz ahoy
version
Well-known member
You're aware I'm not arguing for the existence of late capitalism or neo-feudalism, right? I don't have a particularly strong opinion either way on these things. They're just interesting ideas which may or may not be true.
mixed_biscuits
_________________________
Why did the CEO deserve to die?
line b
Well-known member
It's actually called late because it's been around for a long time. Late means a long time after the start.
version
Well-known member
I'm not sure he did. I just don't have much sympathy for him or the media.
line b
Well-known member
Cum drunk again. Glug glug glug
mixed_biscuits
_________________________
No, some people call it late because they think it's the end of capitalism, like late antiquity.
version
Well-known member
Arrighi's three stages of capitalism seemed a fairly compelling model when I encountered it via Jameson:
www.publicbooks.org
Arrighi begins with a remark of the great world historian Fernand Braudel: “Every capitalist development of this order seems, by reaching the stage of financial expansion, to have in some sense announced its maturity: it is a sign of autumn.” The yellow leaves of capitalism are apparent when a specific market has been saturated: production slows down, there is no longer any burning need for refrigerators, automobiles, personal computers, there is no expansion possible in the area of production in general; and at that point financial speculation must begin and profits be made in this higher-level or more abstract fashion, capitalism now as it were profiting from itself and speculating on itself, feeding on itself, by way of the stock market and its allied institutions. Arrighi’s insight in fact proposes a three-stage theory of evolution, first a specific market is opened and colonized; then the great moment of production saturates it; and finally, in some third autumnal stage, finance capital sets in and takes over a stagnating economy.
But this account must be supplemented by a geographical one, in which the emergence of capitalism is mapped and charted by a systematic displacement and enlargement of its centers: from Genoa and the Italian city-states to Spain, from Spain to Holland, Holland to England, and thence ultimately to the United States. Each of these stopping points runs through the entire cycle of the three stages before capital, having exhausted its financial moment, takes flight and moves on to greater possibilities elsewhere. We are now, in the United States, obviously in our financial stage, the stage of speculation of all kinds; and we must, with Arrighi, remain uncertain as to what will follow once that stage is exhausted. (But Chinese production and the immense Chinese market cast a suggestive shadow on the longer future.)
A Global Neuromancer - Public Books
Neuromancer is now more than 30 years old, a considerable time to remain a classic. Its publication in the Orwellian year will seem ironic and laden with symbolism only for those who think Orwell has ...
www.publicbooks.org
mixed_biscuits
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That's very magnanimous of you.
mixed_biscuits
_________________________
Speculation exists from the start, and where are the signs of production slowing down. Half of the world isn't even developed and the market is global.Arrighi's three stages of capitalism seemed a fairly compelling model when I encountered it via Jameson:
Arrighi begins with a remark of the great world historian Fernand Braudel: “Every capitalist development of this order seems, by reaching the stage of financial expansion, to have in some sense announced its maturity: it is a sign of autumn.” The yellow leaves of capitalism are apparent when a specific market has been saturated: production slows down, there is no longer any burning need for refrigerators, automobiles, personal computers, there is no expansion possible in the area of production in general; and at that point financial speculation must begin and profits be made in this higher-level or more abstract fashion, capitalism now as it were profiting from itself and speculating on itself, feeding on itself, by way of the stock market and its allied institutions. Arrighi’s insight in fact proposes a three-stage theory of evolution, first a specific market is opened and colonized; then the great moment of production saturates it; and finally, in some third autumnal stage, finance capital sets in and takes over a stagnating economy.But this account must be supplemented by a geographical one, in which the emergence of capitalism is mapped and charted by a systematic displacement and enlargement of its centers: from Genoa and the Italian city-states to Spain, from Spain to Holland, Holland to England, and thence ultimately to the United States. Each of these stopping points runs through the entire cycle of the three stages before capital, having exhausted its financial moment, takes flight and moves on to greater possibilities elsewhere. We are now, in the United States, obviously in our financial stage, the stage of speculation of all kinds; and we must, with Arrighi, remain uncertain as to what will follow once that stage is exhausted. (But Chinese production and the immense Chinese market cast a suggestive shadow on the longer future.)A Global Neuromancer - Public Books
Neuromancer is now more than 30 years old, a considerable time to remain a classic. Its publication in the Orwellian year will seem ironic and laden with symbolism only for those who think Orwell has ...
version
Well-known member
Arrighi's three stages of capitalism seemed a fairly compelling model when I encountered it via Jameson:
Arrighi begins with a remark of the great world historian Fernand Braudel: “Every capitalist development of this order seems, by reaching the stage of financial expansion, to have in some sense announced its maturity: it is a sign of autumn.” The yellow leaves of capitalism are apparent when a specific market has been saturated: production slows down, there is no longer any burning need for refrigerators, automobiles, personal computers, there is no expansion possible in the area of production in general; and at that point financial speculation must begin and profits be made in this higher-level or more abstract fashion, capitalism now as it were profiting from itself and speculating on itself, feeding on itself, by way of the stock market and its allied institutions. Arrighi’s insight in fact proposes a three-stage theory of evolution, first a specific market is opened and colonized; then the great moment of production saturates it; and finally, in some third autumnal stage, finance capital sets in and takes over a stagnating economy.But this account must be supplemented by a geographical one, in which the emergence of capitalism is mapped and charted by a systematic displacement and enlargement of its centers: from Genoa and the Italian city-states to Spain, from Spain to Holland, Holland to England, and thence ultimately to the United States. Each of these stopping points runs through the entire cycle of the three stages before capital, having exhausted its financial moment, takes flight and moves on to greater possibilities elsewhere. We are now, in the United States, obviously in our financial stage, the stage of speculation of all kinds; and we must, with Arrighi, remain uncertain as to what will follow once that stage is exhausted. (But Chinese production and the immense Chinese market cast a suggestive shadow on the longer future.)A Global Neuromancer - Public Books
Neuromancer is now more than 30 years old, a considerable time to remain a classic. Its publication in the Orwellian year will seem ironic and laden with symbolism only for those who think Orwell has ...
One weakness here's that this doesn't take into account markets opened up by new technologies. It isn't over once everyone has a laptop or smartphone, you can then sell them digital products.
version
Well-known member
Did you not read the second paragraph? That's what it says. The late capitalism thing's explicitly directed at the US in this case. The idea being that the center begins to shift elsewhere once the so-called late/financial stage has been reached.
mixed_biscuits
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In what way are things being exhausted rather than just optimised?
mixed_biscuits
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It's only partly some big conspiracy where people need to sell you stuff to survive. Things that sell sell for a reason; they improve our lives. The biggest companies turn over at a far higher rate than states. There's only so much control they have.
The fact that some things may slow is a result of the accumulation of types of capital like property, know-how, links within the system.