Corey Robin in Sidecar:
Late capitalism is an ambiguous term. Lateness may imply death or an ending, as when we speak of my late grandfather or the late afternoon. When the German social theorist Werner Sombart first used the term in the early twentieth century, late capitalism did mean the end of capitalism. Yet ‘late’ in the superlative also suggests up-to-date or state-of-the-art, pointing not to the demise of something but to its refinement and advance. Surveying the same developments as Sombart, the Austrian Marxist Rudolf Hilferding claimed that the emerging economy of the twentieth century was simply ‘the latest phase of capitalist development’, a phrase echoed by Lenin, who took pains to remind his followers that ‘there is no such thing as an absolutely hopeless situation’ for the bourgeoisie.
Despite its popularity in recent years, especially since the 2008 financial crisis and the left-populist insurgencies that followed, late capitalism is not an idea that lends itself to revolution or a vision of progress. It may express a wish to be rid of capitalism. But mostly it works as a theory of turning points that never turn – or worse.
Traditionally, the socialist left has believed that capitalism is prone to crises – not simply the ups and downs of the business cycle but increasingly wrenching dislocations that cannot be resolved within the constraints of the system. With time, these crises must come to an end, ‘either in a revolutionary reconstitution of society at large’, as the canonical formulation has it, ‘or in the common ruin of the contending classes’. Though hardly a deterministic vision of the future – the ‘common ruin of the contending classes’ is a serious possibility – such a theory of revolution depends on a theory of crisis.
According to Sombart, late capitalism eliminated this crisis tendency.
More here.
Enjoying the content on 3QD? Help keep us going by donating now.
I skirted an abandoned development of some kind, half-built, its windows smashed, wild dogs on its concrete foundation barking at me not to come any closer…
OpenAI had stunned the world by releasing ChatGPT in November 2022, but it turns out that the researchers working on the technology were even more stunned at what they’d developed.
There is clearly a groundswell of anti-MAGA political energy across the country, and yet the most recent Quinnipiac University 
This Buddha — its head and shoulders the color of translucent flames, its torso pockmarked by wounds, its robes a rich burgundy — is the manifestation of an idea of art that’s both dazzlingly new and profoundly ancient. If you’ve not seen anything quite like it — well, neither have I. (It’s on show at the 
Ryan Reynolds is trying to focus on our conversation. But all he can think about is the script pulled up on his laptop. The screenwriting software Final Draft has frozen so he can’t plug in his latest ideas for a project that he has asked me not to share. He reluctantly abandons his computer but can’t help but fidget. Reynolds knows he’ll only have a few hours later to return to the story before he’s on dad duty. “I’m obsessive,” he says. “Even right now I’m thinking what I have after you, and if I can get back to it again.” His schedule after our interview is packed: a business meeting; someone is coming to fix Final Draft; then a walk-and-talk with Deadpool & Wolverine director Shawn Levy to discuss Levy’s upcoming Star Wars movie starring the other Ryan—Gosling.
According to the Stanford Encyclopedia of Philosophy, phenomenology is defined as the study of “the structure of various types of experience ranging from perception, thought, memory, imagination, emotion, desire, and volition to bodily awareness, embodied action, and social activity, including linguistic activity. The structure of these forms of experience typically involves what Husserl called ‘intentionality,’ that is, the directedness of experience toward things in the world, the property of consciousness that it is a consciousness of or about something.” That’s quite a load for a kiddie ride but let’s turn Porky loose and see what he can do.
The virgin allegations emerged about a decade ago. Young people “are so sexually inactive that it practically boggles the mind,” a writer for Bustle 
I don’t tell this story often, and have never told it in such detail publicly before. However, given our current moment of crisis in the United States, only a few months into the second Trump administration, it seems an important story to tell. It is a set of experiences that were horrible to live through, and yet, I would not be the person I am today had they not happened. Ultimately, the story is about power, leverage, and fear, and also about the potential for solidarity and love.
We may still wonder why Balzac occupied so much space in James’s writing career and particularly in The Prefaces. In temperament and method the two were poles apart. But Balzac had come to represent for James something primal, fundamentally generative—more a natural phenomenon than an individual. The sculptor Gloriani, who appears in James’s first novel, Roderick Hudson, reappears in The Ambassadors, at the center of his garden in Paris, a man in touch with “the great world,” Strether thinks, a figure who has “something covertly tigerish” about him, compelling a stab of envy and admiration for “the glossy male tiger, magnificently marked.” This is the moment when Strether realizes, and tells little Bilham, “Live now! Live all you can; it’s a mistake not to . . . Live!” It’s difficult here to ignore Balzac as Gloriani’s progenitor, the figure that kept telling James to embrace life with more vital courage—and greater response to its magnificence. Gloriani appears again in “The Velvet Glove,” a short story of 1909, but he’s also present in metaphors like the beast in “The Beast in the Jungle,” in which John Marcher waits passively for Life’s big revelation to seize him—that was Strether’s mistake, too. Think of Balzac again when you read about James visiting Edith Wharton at The Mount in 1904 and reading aloud together Walt Whitman’s celebrations of “The Body Electric” with unselfconscious joy.
In the novels of André Aciman
The most significant developments in society and technology have all occurred over the past 10,000 years or so. That includes the agricultural, scientific, industrial, and digital revolutions, not to mention the dawn of religion, money, and any of the other symbolic concepts that separate Homo sapiens from other species.
In 2019, the Business Roundtable, an association of the United States’ most powerful CEOs, won widespread praise by 
Five years ago, at the height of the Covid-19 pandemic, Andrew Cuomo was at the apex of his political power, watched by millions as he delivered daily televised briefings as the governor of New York. Zohran Mamdani, a then-unknown 28-year-old, was running for State Assembly as a democratic socialist in the gentrifying Western Queens neighborhood of Astoria. He would prevail by fewer than 500 votes.
A common bacterium can be adapted to convert plastic waste into paracetamol, a study published this week in Nature Chemistry