Nobody downloaded yet

Legitimation Problems in Late Capitalism - Essay Example

Comments (0) Cite this document
Summary
This conflict (within Capitalist Society) has the following form: on the one hand, the priorities set under the economic imperatives cannot be allowed to depend upon a discursive formation of the public will- therefore politics today assume the appearance of a technocracy…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.4% of users find it useful
Legitimation Problems in Late Capitalism
Read TextPreview

Extract of sample
"Legitimation Problems in Late Capitalism"

Download file to see previous pages The term 'legitimation' is derived from Weberian sociological tradition, whereas the term 'crisis' is a derivative of and from the Marxist analysis of Capitalism (Ramussen.1976). Let us first attempt to discuss the key terms 'legitimation and crises and how these terms although derivatives of earlier thought have been given new meanings through Habermasian analysis. It needs to be understood that Habermas has drawn critical distinctions, blurred but distinct boundaries between sociological evolution on the partly historical and partly sociological continuum. His estimation of advanced Capitalism is different from what Karl Marx analyzed and prophesied about. Marx had analyzed the Capitalism of liberal capitalism variety which functioned without state intervention; an Adam Smithsonian Laiisez-Fare capitalism. It had its own crisis, which Marx analyzed and perhaps predicted. Whereas the object or rather subjective focus of Habermasian analysis is modern, advanced capitalism with its unique attributes of state intervention and its concomitant urge for a value structure of its own, it therefore has its own particular form of crisis relating to 'legitimation and eventually motivation' (ibid. pp.350). The term Legitimation has its roots in the Weberian tradition, 'in weberian usage the term occurs with its counterpart of domination' (Ramussen.1976), a legitimate stratification of order and for order in the society, expressed in the form of legal system, a codification of dominant values, whereas Habermasian Legitimation is devoid of its excess baggage of domination, and is based on 'communicative competence' (Habermas. 1975).
Having discussed the key terms and their basis of occurring in the Habermasian analysis, let us now move on to attempting to trace the roots of this conceptualization. It may be argued that Habermas's point of departure about history of development of social theory is derived from Aristotle's distinction between episteme and phronesis, between science and prudence (Ramussen.1976). This distinction provides a useful preserve for politics from the stark and empiricist basis. Because ' the philosophy modeled on (pure episteme) would give priority to an elitist control, as natural science sought to control nature'(ibid). Therefore it may be understood that the precedence of phronesis over episteme forms the basis of core assumptions for Habermas. Moving further from these premises a brief reference can be made to Habermas's critique of Marx in interpretation of relationship of philosophy and science. The relationship between the two has been termed as ambiguous at best (ibid). However the Habermas does not seem to agree with Marx's assumption that science itself would provide the grounds for the salvation of modern society. In Habermas's own view 'it is necessary, in light of the adjudged failure of Marx's analysis, to continue the quest of a critical theory of society which will eventuate in human liberation' (Habermas. 1976).
It is now pertinent to take recourse to what Habermas has conceptualized. At the outset the argument begins with the stated purpose of achieving " A Social scientific Concept of Crisis" inimical to " State-regulated capitalism" (Habermas.1976.pp.1). Initially a theoretical framework is defined based on 'an ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Legitimation Problems in Late Capitalism Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Legitimation Problems in Late Capitalism Essay Example | Topics and Well Written Essays - 1500 words. Retrieved from https://studentshare.org/miscellaneous/1510795-legitimation-problems-in-late-capitalism
(Legitimation Problems in Late Capitalism Essay Example | Topics and Well Written Essays - 1500 Words)
Legitimation Problems in Late Capitalism Essay Example | Topics and Well Written Essays - 1500 Words. https://studentshare.org/miscellaneous/1510795-legitimation-problems-in-late-capitalism.
“Legitimation Problems in Late Capitalism Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/miscellaneous/1510795-legitimation-problems-in-late-capitalism.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Capitalism
...of five percent per annum doubled at the fall of the year 2010. This led to a fall in the number of jobs, a situation that lasted for about twenty one consecutive months. Towards the end, of May 2010, the median workers were relieved off their duties for a period of twenty-three weeks this is compared to ten weeks when United States had experienced depths of recessions; that is, between 1973 and 1975. All these economic hard times should not be pegged on capitalism, but on poor governance and poor approach in resolving economic problems (Ingham 89). Shortly after the election of Ronald Reagan in the United States, a norm of a quarter century become operational, and this is the time or period when the...
3 Pages(750 words)Essay
THEORIES OF LATE CAPITALISM AND THE WORLD SYSTEM
...Late Capitalism and the World System Introduction The term “late capitalism” came into the fore in the late 1950s and started dominating the world’s postmodernism culture. According to scholarly research findings, David Harvey and Yoshihiro Francis are some of the prominent theorists of late capitalism and their works contribute enormously to social and political debates. David advocates for restoration of Marxist and social class methods for criticizing the world capitalization. On the other end, scholars associate Francis with rise of neo-conservatism in the US and the world. In spite of their...
10 Pages(2500 words)Essay
Theories of Late Capitalism in the World System
... Theories of Late Capitalism Question Part In the immediate post-war period, the US Capitalist was keen to implement Keynesian-type policies in both international and local activities, provided economic conditions and political forces prevailing at the time permitted those policies as effective. Among the most significant conditions emphasized was the insatiable demand for United States manufacturers from both abroad and at home, and the lack of significant competition for the US labor and capital. The latter enabled the US labor force to demand for better benefits and wages while simultaneously enjoying higher employment rates (Harvey 189). The global market was significantly expanding in the late 1960s and early 1970s, resulting... to...
9 Pages(2250 words)Essay
Capitalism
...Why did Capitalism emerge in the of the 16th Century Introduction Capitalism could be described as the ownership of a means of production and accumulation of personal wealth and profits through investment of capital and employment of labour. Capitalism is based on the concept of a free economy and business enterprise with limited or little government intervention. Thus the term 'free market' is significant in capitalism as it refers to an economic system that is free of external intervention and is guided by a rule of law that is focused on establishing and protecting private property, including, private ownership of the means of production (Levi-Faur et...
8 Pages(2000 words)Essay
Political Economy (Theories of Late Capitalism)
..., however, views post modernity not as a unique case and consider it as a constant aspect of capitalism and relate it to the phenomenon which is cultural specific. This view is relatively contradictory as compared to the views of Frieden or even Rifikin. Frieden view the last three decades of previous century as a continues evolution. The transition to integrated global world and the resulting social changes that globalization brought are described by Frieden in relatively different manner as compared to Harvey who largely viewed post modernity as unstable and volatile phenomenon. (Harvey). His ideas however, coincide with the ideas of Rifikin because he also views the changes in production system as a flexible...
7 Pages(1750 words)Essay
Political Economy (Theories of Late Capitalism)
...provided the machines to make the manufactures and from the actuality that engineering manufacture required raw materials of a character and magnitude which could not be abounding surrounded by the previous boundaries. Finally, the rise of manufacturing created for the first time under capitalism a extensive urban working class. Anti-capitalist mass spirit which was translated into tangible managerial forms threatened the immovability of states and of entrepreneurial forces; also, there was too much additional making. So, by intensifying the purchasing power of the industrial proletariat Dayo 3 of core countries, the world-economy was unburdened of two problems. First, restricted access of demand and ,...
8 Pages(2000 words)Essay
Capitalism
...The industrial revolution marked the era when humanity began to mass produce goods. This important era in business history occurred due to the influence of capitalism. “The factory system implemented during the industrialization allowed for work to be done at a much more efficient rate than before, and it wasnt long before the factory system was put into effect in the other industries” (McKinney, 2008). Capitalism enabled many entrepreneurs to build factories that generated thousands for jobs. The steam engine was one of the major innovations of the era. Karl Max was a revolutionist during the industrial revolution. He was a socialist that had very peculiar views about capitalism....
1 Pages(250 words)Essay
Capitalism
...fully shut down leading to massive loss of employment. The economic depression led to loss of business and closing down of many businesses, which led to decline in tax revenues. Many organizations and individuals were also unable to pay their taxes, which made things worse. Prices of goods and services also declined, and profits not witnessed. Crop production fell with most farms affected by drought, which saw the fall in crop prices. The hardships witnessed and non-remittance of taxes forced people out of their homes creating a situation of homelessness. Situation of unemployment and homelessness seriously affected the poor in the society. The economic activities in many countries were markedly affected with many sectors facing...
6 Pages(1500 words)Assignment
Capitalism
...Capitalism Introduction The invention of capitalism started in the middle ages in Western Europe. Netherlands became thefirst capitalist country. Capitalism involves trading, technology and resources like land. Trader’s invention led to insurance and introduction of retirement funds. Accumulation of capital in the past years was through scale variety, different methods and wealth concentration (Pyke, 2011). Socialists condemn and reject the development of capitalisms. Adams Smith, who was a Scottish philosopher, introduced this new model of reality because of a number of reasons. Why Adam Smith created whole new model of reality and his similarity to...
1 Pages(250 words)Essay
Capitalism
...Capitalism Capitalism refers to a social and political system whereby production and distribution of goods is owned by asmall fraction of the society, who are known as the capitalist class, and the other group referred to as the working class must work in order to get a means of livelihood (World Socialist Movement). In this form of government, the working class is under the control of the capitalist class as they are supposed to work and produce goods which will be sold by the capitalist class at a profit (Knight). This means that the rich will accrue wealth by exploiting the majority population, and they will achieve this by encouraging people to work in order to get money to earn a livelihood. The...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Legitimation Problems in Late Capitalism for FREE!
Contact Us