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Post-Large Scale Industry and Neoliberalism

Author

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  • Eleutério F. S. Prado

Abstract

Capitalism is coming from the modern industry phase to the post-modern industry phase. In modern industry, as was said in Capital, the main material content of capital relation was physical assets (systems of machines); in post-modern industry, the main forms of capital are impressed on intangible assets (scientific knowledge and technologies). As Marx in Grundrisse previewed it, now capital appropriates not only live labor, but general intellect too. From this point of view, neoliberalism and capital globalization are not viewed here, immediately, as results of financial capital domination, but as expressions of capital and labor contradiction in the post-large scale industry. JEL Classification: B51, P16, O34.

Suggested Citation

  • Eleutério F. S. Prado, 2005. "Post-Large Scale Industry and Neoliberalism," Brazilian Journal of Political Economy, Center of Political Economy, vol. 25(1), pages 11-28.
    • Handle: RePEc:ekm:repojs:v:25:y:2005:i:1:p:11-28:id:621
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/621/2030
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    Cited by:

    1. Spitzley, Dinah & Prügl, Reinhard, 2017. "Deutschlands nächste Unternehmergeneration: Eine empirische Untersuchung der Einstellungen, Werte und Zukunftspläne," Studien, Stiftung Familienunternehmen / Foundation for Family Businesses, number 250012, March.

    More about this item

    Keywords

    neoliberalism; post-large scale industry; totalitarism; economic ideology;
    All these keywords.

    JEL classification:

    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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