1st Edition

The Political Economy of Post-Capitalism Financialization, Globalization and Neofeudalism

By Richard Westra Copyright 2025
154 Pages
by Routledge

154 Pages
by Routledge

154 Pages
by Routledge

Westra explores a nuanced literature on post-capitalism which claims that instead of constituting the end of history or ending in its supplanting by socialism, capitalism has transmuted into something else. Foci of this literature ranges from questions of financial system and technological change through evidence of shifting class contours metastasizing a more predatory constellation. In... Read more

1 Introduction: Capitalism Always and Forever?

2 Capitalism as a Historically Delimited Society

3 Financialization

4 Globalization

5 Intangible Assets

6 Conclusion: Social Class

Biography

Richard Westra is University Professor at the University of Opole, Poland.

Westra’s main thesis could hardly be more provocative: the demise of the post-World War II economic order has not led to a new phase of capitalist development, but to a post-capitalism of on-going social disintegration and nascent authoritarian statism.  Those resisting this stark conclusion will be tremendously challenged by Westra’s arguments, carefully developed in comprehensive critical examinations of “globalization,” “financialization,” and the rise of “intangible capital.”  There is no reason to make things complicated: if you are concerned with humanity’s future, you should read this work.  It is as simple as that.

Tony Smith, Professor Emeritus of Philosophy at Iowa State University.

‘Westra’s Political Economy of Post-Capitalism is probably the most rigorous effort from a Marxist perspective to argue that we’ve left capitalism – or classical capitalism, at any rate. Westra is always insightful, and this book is by far the best introduction to the debate on post-capitalism that has become a central concern in progressive economic circles.’

 - Bello, W. (2026). The Political Economy of Post-Capitalism: Financialization, Globalization and Neofeudalism By RICHARD WESTRA. Race & Class, 0(0).