Veblenian and Neo-Marxian Perspectives on the Cultural Crisis of Late Capitalism

James Ronald Stanfield
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James Ronald Stanfield: Colorado State University

Chapter 13 in Economics, Power and Culture, 1995, pp 208-223 from Palgrave Macmillan

Abstract: Abstract This chapter seeks to draw attention to the psychocultural consequences of the systemic late capitalist response to economic crises and to the need for a research agenda to delineate and evaluate these consequences. The work of Veblen and recent American neo-Marxists is suggested as the basis for a start toward developing this research agenda. I use the term neo-Marxism loosely to encompass a variety of scholars who share a common point of departure in Marx’s social theory, but insist that Marx’s categories do not capture the essential tendencies of existing capitalism and socialism (Brown, 1988, p. 9).

Keywords: Late Capitalism; Capital Shortage; Monopoly Capitalism; Marxist Economist; Cultural Crisis (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-23712-8_13

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DOI: 10.1007/978-1-349-23712-8_13

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