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The predominant approach to contemporary critical theory lacks a critical theory of capitalist society. Nancy Fraser has endeavored to provide such a critical theory in her “systematic” “crisis–critique” of capitalism as an “institutionalized social order.”
The first part of this analysis addresses the crisis of capitalism as an object of critique; the second examines the analytical equipment at Critical Theory’s disposal for undertaking critique of contemporary capitalism.
- Chris O'Kane
Dec 12, 2023 · In a narrow sense, “Critical Theory” (often denoted with capital letters) refers to the work of several generations of philosophers and social theorists in the Western European Marxist tradition known as the Frankfurt School.
Sep 8, 2022 · Critical theorists, on the other hand, tend to treat the capitalist economy and democratic politics as holistically distinguishable spheres of activity. This holistic perspective not only helps critical theorists to more clearly present capitalism and democracy as two conflicting modes of sociation.
But as Albrecht Wellmer has recently reminded us “the very term critical theory was coined in a secret reference to Marx’s critique of political economy.” 1 The task was to overcome capitalism and its pathologies; issues of politics, including democratic politics, took a back seat.
Dec 31, 2023 · Classical elite theories assumed an unavoidable opposition of ruling elite and dominated masses; functionalist elite theories assumed competing performances and sectoral elites; critical elite theories identified power elites who were recruited based on social origin.
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Jan 1, 2019 · This book aims to bring the study of capitalism back to the forefront of critical theory. In doing so, Nancy Fraser and Rahel Jaeggi lay out a bold agenda for a theoretical approach that, in their view, has become almost indistinguishable from liberalism (pp. 5–6).