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Advanced Capitalism
In political philosophy, particularly Frankfurt School critical theory, advanced capitalism is the situation that pertains to a harmonious and self-regulating economic system, a society in which individual freedom defines wider economic freedom or a capitalist model has been integrated and developed deeply and extensively and for a prolonged period in a freedom-based culture. The expression ''advanced capitalism'' distinguishes such societies from the historical previous forms of capitalism, mercantilism and industrial capitalism, and partially overlaps with the concepts of a developed country; of the post-industrial age; of finance capitalism; of post-Fordism; of the spectacular society; of media culture; and of "developed", "modern", and "complex" capitalism, all variants of economic freedom. Antonio Gramsci Various writers identify Antonio Gramsci as an influential early theorist of advanced capitalism, even if he did not use the term himself. In his writings Gramsci so ...
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Late Capitalism
The concept of late capitalism (in German: ''Spätkapitalismus''), also known as late-stage capitalism, was first used by the German social scientist Werner Sombart (1863–1941) in 1928, to describe the new capitalist order emerging at that time. He claimed that it was the beginning of a new stage in the history of capitalism. As a young man, Sombart was a socialist who associated with Marxist intellectuals and the German social-democratic party. As a mature academic who became well known for his own sociological writings, Sombart had a sympathetically critical attitude to the ideas of Karl Marx. Sombart's clearly written texts and lectures helped to make "capitalism" a household word in Europe, as the name of a socioeconomic system with a specific structure and dynamic, a history, a mentality, a dominant morality and a culture. The use of the term "late capitalism" to describe the nature of the modern epoch existed for four decades in continental Europe, before it began to be ...
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Civil Society
Civil society can be understood as the "third sector" of society, distinct from government and business, and including the family and the private sphere.''What is Civil Society''
civilsoc.org
By other authors, ''civil society'' is used in the sense of (1) the aggregate of non-governmental organizations and institutions that advance the interests and will of citizens or (2) individuals and organizations in a society which are independent of the government. Sometimes the term ''civil society'' is used in the more general sense of "the elements such as freedom of speech, an independent judiciary, etc, that make up a democratic society" (''Collins English Dictionary''). Especially in the discussions among thinkers of Eastern and Central Europe, civil society is seen also as a normative concept of civic values.

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Postmodernism, Or, The Cultural Logic Of Late Capitalism
''Postmodernism, or, the Cultural Logic of Late Capitalism'' is a 1991 book by Fredric Jameson, in which the author offers a critique of modernism and postmodernism from a Marxist perspective. The book began as a 1984 article in the ''New Left Review''. It has been presented as his "most wide-ranging and accessible book". Overview Jameson defines postmodernism as the cultural system of a global, financialized stage of capitalist society. Jameson argues that postmodernism is characterized by a "crisis of historicity", a "waning of affect", and a prevalence of pastiche. He traces these characteristics of postmodernism across a variety of fields and media, including film, television, literature, economics, architecture, and philosophy. In one of his most prominent examples, he draws out the differences between modernism and postmodernism by comparing Van Gogh's "Peasant Shoes" with Andy Warhol's "Diamond Dust Shoes". For Jameson, postmodernism, as a form of mass-culture driven by c ...
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Werner Sombart
Werner may refer to: People * Werner (name), origin of the name and people with this name as surname and given name Fictional characters * Werner (comics), a German comic book character * Werner Von Croy, a fictional character in the ''Tomb Raider'' series * Werner von Strucker, a fictional character in the Marvel Comics universe * Werner, a fictional character in '' Darwin's Soldiers'' * Werner Ziegler, a fictional character from tv show Better Call Saul Geography * Werner, West Virginia * Mount Werner, a mountain that includes the Steamboat Ski Resort, in the Park Range of Colorado * Werner (crater), a crater in the south-central highlands of the Moon * Werner projection, an equal-area map projection preserving distances along parallels, central meridian and from the North pole Companies * Carsey-Werner, an American television and film production studio * Werner Enterprises, a Nebraska-based trucking company * Werner Co., a manufacturer of ladders * Werner Motors, an early ...
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Legitimation Crisis
Legitimation crisis refers to a decline in the confidence of administrative functions, institutions, or leadership. The term was first introduced in 1973 by Jürgen Habermas, a German sociologist and philosopher. Habermas expanded upon the concept, claiming that with a legitimation crisis, an institution or organization does not have the administrative capabilities to maintain or establish structures effective in achieving their end goals. The term itself has been generalized by other scholars to refer not only to the political realm, but to organizational and institutional structures as well. While there is not unanimity among social scientists when claiming that a legitimation crisis exists, a predominant way of measuring a legitimation crisis is to consider public attitudes toward the organization in question. Legitimacy With respect to political theory, a state is perceived as being Legitimacy (political), legitimate when its citizens treat it as properly holding and exerci ...
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The American Middle Classes
''The'' is a grammatical article in English, denoting nouns that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archaic pronoun ''thee'' ...
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State Monopoly Capitalism
The theory of state monopoly capitalism (also referred as stamocap) was initially a Marxist thesis popularised after World War II. Lenin had claimed in 1916 that World War I had transformed laissez-faire capitalism into ''monopoly capitalism'', but he did not publish any extensive theory about the topic. The term refers to an environment where the state intervenes in the economy to protect larger monopolistic or oligopolistic businesses from threats. As conceived by Lenin in his pamphlet of the same name, the theory aims to describe the ''final historical stage'' of capitalism, of which he believed the Imperialism of that time to be the highest expression. The main thesis The main Marxist–Leninist thesis is that big business, having achieved a monopoly or cartel position in most markets of importance, ''fuses'' with the government apparatus. State monopoly capitalism protected monopolistic economics from competition by smaller firms. Lenin insists in ''The State and Revo ...
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State Capitalism
State capitalism is an economic system in which the state undertakes business and commercial economic activity and where the means of production are nationalized as state-owned enterprises (including the processes of capital accumulation, centralized management and wage labor). The definition can also include the state dominance of corporatized government agencies (agencies organized using business-management practices) or of public companies (such as publicly listed corporations) in which the state has controlling shares. A state-capitalist country is one where the government controls the economy and essentially acts as a single huge corporation, extracting surplus value from the workforce in order to invest it in further production.Compare: This designation applies regardless of the political aims of the state, even if the state is nominally socialist. Some scholars argue that the economy of the Soviet Union and of the Eastern Bloc countries modeled after it, includ ...
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Post-Fordism
The concept of post-Fordism was originally invented by the economist Robin Murray in the British magazine ''Marxism Today'' in 1988. It referred to the emergence of new production methods defined by flexible production, the individualization of labor relations and fragmentation of markets into distinct segments, after the stagnation and profitability crisis of rigid, bureaucratized Fordist production. The post-Fordist era is regarded as the successor of the Fordist epoch. The concept of "Fordism", as a distinct phase in the history of capitalist industrialization, was invented by Antonio Gramsci in 1934 and popularized in France by Michel Aglietta's book ''Régulation et crises du capitalisme'' in 1976. Since the 1980s, the concepts of "Fordism" and "post-Fordism" were widely adopted by labor economists in Europe and North America. However, the definitions provided for the nature and scope of post-Fordism vary considerably, and are a matter of debate among scholars. Fordism ...
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Late Capitalism
The concept of late capitalism (in German: ''Spätkapitalismus''), also known as late-stage capitalism, was first used by the German social scientist Werner Sombart (1863–1941) in 1928, to describe the new capitalist order emerging at that time. He claimed that it was the beginning of a new stage in the history of capitalism. As a young man, Sombart was a socialist who associated with Marxist intellectuals and the German social-democratic party. As a mature academic who became well known for his own sociological writings, Sombart had a sympathetically critical attitude to the ideas of Karl Marx. Sombart's clearly written texts and lectures helped to make "capitalism" a household word in Europe, as the name of a socioeconomic system with a specific structure and dynamic, a history, a mentality, a dominant morality and a culture. The use of the term "late capitalism" to describe the nature of the modern epoch existed for four decades in continental Europe, before it began to be ...
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Capitalist Mode Of Production (Marxist Theory)
Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by a number of basic constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth. Capitalist economies tend to experience a business cycle of economic growth followed by recessions. Economists, historians, political economists, and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include '' laissez-faire'' or free-market capitalism, state capitalism, and welfare capitalism. Different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition, and state-sanctioned social pol ...
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Jürgen Habermas
Jürgen Habermas ( , ; ; born 18 June 1929) is a German philosopher and social theorist in the tradition of critical theory and pragmatism. His work addresses communicative rationality and the public sphere. Associated with the Frankfurt School, Habermas's work focuses on the foundations of epistemology and social theory, the analysis of advanced capitalism and democracy, the rule of law in a critical social-evolutionary context, albeit within the confines of the natural law tradition, and contemporary politics, particularly German politics. Habermas's theoretical system is devoted to revealing the possibility of reason, emancipation, and rational-critical communication latent in modern institutions and in the human capacity to deliberate and pursue rational interests. Habermas is known for his work on the phenomenon of modernity, particularly with respect to the discussions of rationalization originally set forth by Max Weber. He has been influenced by American pragm ...
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