Activity

theories that postulated in the 1970s an impending ‘legitimation crisis’ of ‘late capitalism’

eclectic use was made of elements of the Marxist tradition

My book treats the financial and fiscal crisis of contemporary democratic capitalism in the light of Frankfurt School crisis theories of the late 1960s and early 1970s

the development of the current crisis may be understood as an evolutionary, and also dialectical, process

the epochal process of capitalist development that we call ‘financialization’