Marxist categories still explain contemporary multinational and media capitalism
Evidence
The question may therefore be rephrased as a question about Marxism: do the categories developed there for the analysis of classical capitalism still retain their validity and their explanatory power when we turn to the multinational and media societies of today with their “third-stage” technologies? The persistence of issues of power and control, particularly in the increasing monopolization of information by private business, would seem to make an affirmative answer unavoidable, and to reconfirm the privileged status of Marxism as a mode of analysis of capitalism proper. — Jean-François Lyotard, The Postmodern Condition, 48
Categorization
- QUESTION: Jameson’s affirmative answer on Marxism re capital monopolization is the hinge connecting Lyotard’s postindustrial-info society thesis to Jameson’s own cultural logic of late capitalism piece.
- XREF: connects to: The modern-to-postmodern shift correlates with capitalism’s transformation from monopoly to multinational — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 374; Repudiating Marxism reframed global power as a West-non-West relation of nations rather than classes — Aijaz Ahmad, In Theory: Nations, Classes, Literatures, 70; New social movements and the global proletariat both stem from multinational capitalism. — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 695 (+7 more)
Broader Connections
- New social movements and the global proletariat both stem from multinational capitalism.
#corroborates(0.85) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 695 - Marxian theory is structurally unable to grasp modern imperialism
#contradicts(0.85) - The modern-to-postmodern shift correlates with capitalism’s transformation from monopoly to multinational
#corroborates(0.82) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 374 - Repudiating Marxism reframed global power as a West-non-West relation of nations rather than classes
#corroborates(0.78) — Aijaz Ahmad, In Theory, 70 - Marx derives superstructures from the phenomenal forms of exchange relations
#corroborates(0.78) — Hall, Stuart, Essential Essays, Volume 1, 520 - Capitalist commodification of cultural difference has roots in Marx’s analysis
#corroborates(0.75) — David Theo Goldberg, John Solomos, A Companion to Racial and Ethnic Studies, 3030 - Imperialism is capitalism’s political drive for the remainders of the noncapitalist world
#expands(0.75) — Hannah Arendt, The Origins of Totalitarianism, 2224 - Market-centered accounts of capitalism function as ideology masking production
#corroborates(0.75) — Fredric Jameson, Postmodernism, or, The Cultural Logic…, 475 - Marxist dogma arises from organizational demands, not theoretical limitations
#qualifies(0.72) — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 979 - Classical Marxism neglected imperialism in its theory of capitalist development
#contradicts(0.72) — Stuart Hall, Essential Essays, Volume 2, 486