Capitalism periodically renews itself through new organizational forms rather than fixed ones

Evidence

This is precisely the lesson of Ford’s discovery and the logic behind successive episodes of revitalization over many centuries. “There is no single variety of capitalism or organization of production,” Piketty writes. “This will continue to be true in the future, no doubt more than ever: New forms of organization and ownership remain to be invented.” Harvard philosopher Roberto Unger enlarges on this point, arguing that market forms can take any number of distinct legal and institutional directions, “each with dramatic consequences for every aspect of social life” and “immense importance for the future of humanity.” — Shoshana Zuboff, The Age of Surveillance Capitalism, 1647

Categorization

• XREF: Connects to James’ work on institutions as formative of market organization, and to biopolitics/political economy interests — capitalism’s plasticity as institutional design variable. — connects to: Capitalism perpetually seeks new privatization frontiers like water and seeds — Clara E. Mattei, Escape from Capitalism, 81; Capitalism’s resilience comes from its plasticity in adopting new social forms — Shoshana Zuboff, The Age of Surveillance Capitalism, 1647; Capitalism is a singular economic-institutional ensemble that can be reinvented — Michel Foucault, The Birth of Biopolitics: Lectures at…, 904 (+10 more)

Broader Connections

• Capitalism is a singular economic-institutional ensemble that can be reinvented #corroborates (0.90) — Michel Foucault, The Birth of Biopolitics, 904
• Sustained capitalist mutation requires new institutional forms, not merely destruction #expands (0.85) — Shoshana Zuboff, The Age of Surveillance Capitalism, 156
• The modern-to-postmodern shift correlates with capitalism’s transformation from monopoly to multinational #exemplifies (0.80) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 374
• Each era produces its own distinct capitalist class #exemplifies (0.75)