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What is Late Capitalism

Handbook of Research on Andragogical Leadership and Technology in a Modern World
A fluid term that has been in use for over 100 years, but now commonly refers to a political economy featuring a digital, high-tech, and postindustrial capitalism in which financial capital is dominant, income inequality grows, large corporations dominate market mechanisms, and a postmodern culture prevails.
Published in Chapter:
Andragogy and Higher Education in Late Capitalism: A Critique
Howard A. Doughty (Seneca College, Canada)
DOI: 10.4018/978-1-6684-7832-5.ch003
Abstract
Over the past half-century, the word “andragogy” has migrated from the fringe vocabulary to the standard lexicon of adult education. It has identified common psychological traits in “non-traditional” students and distinguished its methods from “pedagogy,” the teaching of children. This chapter will explore andragogy's apparent strengths and arguable weaknesses in terms of its socio-economic assumptions and the social class interests it may wittingly or unwittingly serve. It will conclude with a critique.
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