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links for 2009-10-10

Saturday, October 10, 2009
  • "The defining, expansionary drive of capitalism (M–C–M') depends upon a vast array of supporting and partly autonomous infrastructures and dynamics…the current predicament of capitalist civilization is not simply a matter of a cumulative logic of economic stagnation…an emergent trend line of secular deceleration has been exacerbated…by mounting problems of demographic disproportion, ecological deterioration, politico-ideological de-legitimation and geo-political maladaptation. Nature, culture, war: the expansionary socio-economic drive that partially totalized these different historical dimensions into a world-system may now be faltering, leaving disparate elements and tendencies of the old regime to persist, with indefinite life-spans. Perhaps it would not take many generations for a non-dynamic capitalist order to evolve into an inegalitarian, drifting post-capitalism."

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