World Review of Political Economy (Jun 2018)
The Revolution of Capitalist Relations Induced by the Technological Revolution of Electronics
Abstract
Capitalism is in a dialectical leap to socialism, the next human stage. The laws of dialectical materialism and of historical materialism are examined. The scientific and technical revolution is examined. This revolution is creating a period of social revolution. Electronics is a labor-replacing technology, which destabilizes capitalism. Imperialism, globalization, and financialization are shown to be features of the current period, not stages of capitalism. The role of activists is outlined.