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One of the contributions made by The New Spirit of Capitalism is that it put the word ‘capitalism’ back into circulation in France. The term had almost completely vanished from the public sphere during the neo-liberal decades of the 1980s and 90s, the naturalization of the system (‘there is no al…

According to Arrighi, we are currently witnessing the decline of the systemic cycle of accumulation dominated by the United States. The defeat suffered by the latter during the Vietnam War was the ‘signal crisis’ of this decline, the war in Iraq is its ‘terminal crisis’. Wars – combined with growin…

[...] Technology is not ‘progressive’ in itself; its positive or negative effects are always conditional on power relations. In any event, it is certain that it will not abolish capitalist exploitation solely through its own development, for labour is not simply an occupation but, in the last insta…