Activity

[...] Following in Marx’s footsteps, he lists five ‘escapes’ that have hitherto saved capitalism from self-destruction, and then proceeds to show why they won’t save it any more. They include the growth of new jobs and entire sectors compensating for employment losses caused by technological progre…

[...] for the vast majority of its members, a capitalist society must manage to convert their ever-present fear of being cut out of the productive process, because of economic or technological restructuring, into acceptance of the highly unequal distribution of wealth and power generated by the cap…

Capitalism has always been an improbable social formation, full of conflicts and contradictions, therefore permanently unstable and in flux, and highly conditional on historically contingent and precarious supportive as well as constraining events and institutions. [...] Capitalism promises infinit…

As couples spend more time in employment, they have less time for children. This means they must externalize childcare, either to the market or to the state. Of course many have no children at all, devoting their time entirely to the exigencies and attractions, as the case may be, of work and consumption.