Penguin and Random House are in merger talks. Which would leave us with one book publisher of any significance in the world.
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Replying to @DougSaunders
@DougSaunders It is the way of late stage capitalism.1 reply 0 retweets 0 likes -
Replying to @partialtomusic
@partialtomusic The phrase "late capitalism" always mystifies me. How do we know this isn't still a very early stage?1 reply 0 retweets 0 likes -
Replying to @DougSaunders
@DougSaunders Read Smith and Marx. Short version is when growth becomes difficult capital concentrates. All M&A == industry in trouble.1 reply 0 retweets 0 likes -
Replying to @partialtomusic
@partialtomusic That predates Marx. But it's the specific industry that's "late," not capitalism itself.3 replies 0 retweets 0 likes -
Replying to @DougSaunders
@DougSaunders You're kind of splitting hairs dude… it's definitely a capitalist industry in its late stages.1 reply 0 retweets 0 likes -
Replying to @partialtomusic
@partialtomusic It is ( for now). The phrase just made me think of nonsense from ie Fredric Jameson about an overarching "late capitalism."1 reply 0 retweets 0 likes -
Replying to @DougSaunders
@DougSaunders@partialtomusic "Late capitalism" rooted in idea that globalization is capitalism's telos. We have globalization so now late.1 reply 0 retweets 0 likes -
Replying to @HeerJeet
@HeerJeet@partialtomusic I'd argue that we had more globalization in early-mid capitalism.2 replies 0 retweets 0 likes
@DougSaunders @partialtomusic Our globalization includes, say, China making products previously made in US. Different than before.
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