Late Capitalism

[Mark Kohut]

Rich!---

and you are not fond of BE after this so fine explication of part of the
meaning?? The money chapters and whole damn
plot...start-ups gambling and most----nothing tangible....not
grounded........like the meaning of 'minus 1" in AtD....

Mark

On Tue, Nov 9, 2021 at 12:24 PM rich <richard.romeo at gmail.com> wrote:

> who actually is innocent, though. Much of the 'system' is so much alchemy,
> far removed from growth in the general sense. One big gambling den, rigged
> by maths PhDs. we all sponge off the system, how else to survive. But for
> many of us, we are enjoying our lives, hardly' just surviving'. The system
> provides. But a system implies a geography, a building, something tangible.
> There isn't anything tangible about the system. Those who want to see it
> die, overthrown, are deluded. Those who believe in the system are equally
> deluded. There is nothing to control, only tweaked at a miniscule level of
> what we perceive to be high intelligence.
> In effect, no one wants to rip that creature off their face. Maybe it'll
> all come crashing down. Maybe not. Art can only suggest. It isn't innocent,
> either
>
> rich
>
> On Tue, Nov 9, 2021 at 12:14 PM David Morris <fqmorris at gmail.com> wrote:
>
> > The System may or may not understand that it’s only buying time. And that
> > time is an artificial resource to begin with, of no value to anyone or
> > anything but the System, which must sooner or later crash to its death,
> > when its addiction to energy has become more than the rest of the World
> can
> > supply, dragging with it innocent souls all along the chain of life.
> Living
> > inside the System is like riding across the country in a bus driven by a
> > maniac bent on suicide… though he’s amiable enough, keeps cracking jokes
> > back through the loudspeaker…” —Thomas Pynchon, Gravity’s Rainbow
> >
> > On Tue, Nov 9, 2021 at 11:30 AM Joseph Tracy <brook7 at sover.net> wrote:
> >
> > > Good point and applicable to many semantic issues. Every generation
> has a
> > > tendency to think they are at some kind of apex. I think the term late
> > > capitalism as used currently  is more predictive than descriptive and
> may
> > > of course prove completely wrong through reform or some other event.
> > > I see it more as acknowledging that the Titanic has received a mortal
> > blow
> > > and is going down. That this current arrangement is physically,
> > > biologically, and socially unsustainable.  I wonder what late
> capitalism
> > > means to other readers.
> > >
> > > > On Nov 9, 2021, at 10:37 AM, David Morris <fqmorris at gmail.com>
> wrote:
> > > >
> > > > Let’s get more specific:
> > > >
> > > > Inherent in the current use of the term, “late capitalism,” is a
> > critique
> > > > of observed problems of the modern practices of capitalism.  But the
> > term
> > > > isn’t new:
> > > >
> > > > “ The term "late capitalism" was first used by Werner Sombart
> > > > <https://en.m.wikipedia.org/wiki/Werner_Sombart> in his magnum opus
> > Der
> > > > Moderne Kapitalismus, which was published from 1902 through 1927, and
> > > > subsequent writings; Sombart divided capitalism into different
> stages:
> > > > (1) proto-capitalist society from the early middle ages up to 1500 AD
> > > > (2) early capitalism in 1500–1800
> > > > (3) the heyday of capitalism from 1800-1914(WW1)
> > > > (4) late capitalism: 1914 until today.”
> > > >
> > > > “The term late capitalism began to be used by socialists in
> continental
> > > > Europe towards the end of the 1930s and in the 1940s, when many
> > > economists
> > > > believed capitalism was doomed.”
> > > >
> > > > At the heart of the term is the question of whether current problems
> > are
> > > > due to abuses and corruptions of the system, or whether the problems
> > are
> > > > inherent to the system.  Another question is about the nature of
> > reforms
> > > or
> > > > regulations that make capitalism a hybrid system.  Is a
> Reformed/Hybrid
> > > > Capitalism still “Late Capitalism?”
> > > >
> > > > https://en.m.wikipedia.org/wiki/Late_capitalism
> > > > Modern usage of the phrase and further evolutionEdit
> > > > <
> > >
> >
> https://en.m.wikipedia.org/w/index.php?title=Late_capitalism&action=edit&section=4
> > > >
> > > >
> > > > According to a 2017 article in The Atlantic
> > > > <https://en.m.wikipedia.org/wiki/The_Atlantic>, the term "late
> > > capitalism"
> > > > is again in vogue to describe modern business culture, although with
> a
> > > > semantic change or an ironic twist. "Late capitalism" has become a
> > > > catch-all term for various phenomena that express capitalism's
> > > distortions
> > > > of human life, and it is often used in critique and satire. This
> usage
> > > also
> > > > conveys a sense that contemporary capitalism cannot go on like it
> does
> > > > forever, because the problems created by business are getting too
> large
> > > and
> > > > unmanageable.
> > > >
> > > > The phrase “late stage capitalism” is used commonly as a critique of
> > the
> > > > fascistic qualities that emerge in the later stages of capitalism.
> > > > Capitalism to many may seem to be free of this exploitation if not
> > taken
> > > to
> > > > the extremes of “late capitalism”. A competing viewpoint is that
> > > > “Capitalism, in its orthodoxy, is a system that relies on
> > authoritative,
> > > > controlling, and exploitative relationships, most notably between
> that
> > of
> > > > capitalists and workers”, and that this is not something that emerges
> > out
> > > > of a devolving system but rather is present in the framework of the
> > > system
> > > > itself.
> > > > --
> > > > Pynchon-L: https://waste.org/mailman/listinfo/pynchon-l
> > >
> > >
> > >
> > >
> > --
> > Pynchon-L: https://waste.org/mailman/listinfo/pynchon-l
> >
> --
> Pynchon-L: https://waste.org/mailman/listinfo/pynchon-l
>