The Political Economy of Post-Industrial Capitalism
Bibliographic Data
| ID | 4481229 |
|---|---|
| Authors | George Liagouras (0000-0002-4410-2741, University of the Aegean, corresponding author) |
| Year | 2005 |
| Volume | 81 |
| Issue | 1 |
| Pages | 20-35 |
| Publication date | 2005-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Thesis Eleven (JOURNAL) |
| Journal identifiers | ISSN: 0725-5136 • E-ISSN: 1461-7455 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0725513605051612 |
| OpenAlex | W2026784639 |
| Language | EN |
| Citations received | 5 |
| References cited | 18 |
The hypothesis of this article is that industrial capitalism, as conceptualized by a series of authors from Smith and Marx to Weber and Sombart, and then to Galbraith and Chandler, is outdated. We are entering a new era of information or 'post-industrial capitalism'. The term used in the article is post-industrial capitalism. This is mainly because the notion of information capitalism does not define explicitly what is really new regarding the history of capitalism. Information capitalism can be either post-Fordist, or post-industrial, or even a transition period towards a post-capitalist society. The argument of the article is developed in two parts. The first offers a systematic comparison between the basic features of industrial and post-industrial capitalism. The second explores three main contradictions of post-industrial capitalism. The general idea behind this exploration is that the future of post-industrial capitalism remains open. It depends on how the contradictions of this new form of capitalism will be resolved. This, in turn, implies a critical position towards approaches that either extrapolate the economic patterns of the last two decades into the 21st century, or, by adopting sophisticated versions of technological determinism, propose a monistic scenario for the future
Capitalism · Economic system · Economics · Economy · Fordism · Industrial Revolution · Neoclassical economics · Political science · Politics · Sociology · Economic Development and Digital Transformation · Economic Issues in Ukraine · Economic Theory and Policy · Law
Globalization in Question
Implications of Skill-Biased Technological Change
Economies of Signs and Space
The theory of communicative action
Consumer Prices, the Consumer Price Index, and the Cost of Living
Phantasmagoric Labor
Structural Forms and Growth Regimes of the Post-Fordist Era
Post-Industrial Society
Beyond Computation
How Trade Hurt Unskilled Workers
Does the "New Economy" Measure up to the Great Inventions of the Past
Postindustrial Development and the Obsolescence of Economic Categories
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,28 |
| Citation span | 2008 - 2022 (15) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 4 |