E.E. Reed's avatar

E.E. Reed

@poetryforsupper.bsky.social

“To use the expression ‘late capitalism’ is to put forward the hypothesis that, even in state-regulated capitalism, social developments involve ‘contradictions’ or crises.”

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E.E. Reed's avatar E.E. Reed @poetryforsupper.bsky.social
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“According to this systems approach, crises arise when the structure of a social system allows fewer possibilities for problem solving than are necessary to the continued existence of the system. In this case, crises are seen as persistent disturbances of system integration.”

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