The Specter of Common Ruin: Theories of Capitalist Decadence

It doesn't take much to convince someone that the capitalist system has exhausted its progressive potential and is in a state of decline. There are a number of theories that the prolonged state of crisis of the capitalist system is evidence that capitalism has peaked and is on its way out. While we agree that capitalism has entered a state of decadence, does that necessarily mean that it will collapse completely, and if so will anything good come from it? The Theory of Decline or the Decline of Theory http://libcom.org/library/decadence-aufheben-2#:~:text=In%20our%20view%20this%20theory,critique%20the%20theory%20of%20decadence.&text=Essentially%20the%20theory%20suggests%20that,has%20now%20entered%20its%20decline. Revolution or Decadence (Sami Amin) https://monthlyreview.org/2018/05/01/revolution-or-decadence/ A Framework for the Concept of Decadence of Capitalism  (shortest reading) https://www.leftcom.org/en/forum/2013-02-17/a-framework-for-the-concept-of-decadence-of-capitalism ICC Decadence Theory Readings https://en.internationalism.org/tag/28/287/decadence-theory-and-historical-materialism?fbclid=IwAR1bS0PVOixz8j9Lbtfkq7AELvhjOjmMG5COy8sryHHdrAItTcsFi6lbB2M Music: Refused- Protest Song 68 Send us a message (sorry we can't respond on here). Support the show Visit the Regrettable Century Merch Shop