Monopoly Capital: On the Quality of Monopoly Capital Society
Keywords:Stagnation, Monopoly, Culture, Media, Political Economy
AbstractThe purpose of the preceding discussion has been not only to advance the understanding of the working principles of the contemporary American economy, but also, and perhaps even more important, to gain the insight that only such understanding can provide into the forces that mold the lives, shape the minds, and determine the development of individuals in our society. On the pressing urgency of the need for this insight there can hardly be any dispute. Disorientation, apathy, and often despair, besetting Americans in all walks of life, have assumed in our time the dimensions of a profound crisis. This crisis affects all aspects of national life, and ravages with equal force both its socio-political realm and its individual sphere—everyman's everyday existence.
This article can also be found at the Monthly Review website, where most recent articles are published in full.
Click here to purchase a PDF version of this article at the Monthly Review website.
Please see here for reprint requests.