Advanced capitalism

In political philosophy, particularly Frankfurt School critical theory, innovative capitalism is the situation that pertains in a society in which the capitalist model has been integrated as alive as developed deeply & extensively and for a prolonged period. The expression advanced capitalism distinguishes such societies from the historical preceding forms of capitalism, mercantilism and industrial capitalism, and partially overlaps with the conception of a developed country; of the post-industrial age; of finance capitalism; of post-Fordism; of the spectacular society; of media culture; and of "developed", "modern", and "complex" capitalism.

Various writers identify Antonio Gramsci as an influential early theorist of advanced capitalism, even whether he did not ownership the term himself. In his writings Gramsci sought to explain how capitalism had adapted to avoid the revolutionary overthrow that had seemed inevitable in the 19th century. At the heart of his relation was the decline of raw coercion as a tool of class power, replaced by use of civil society institutions to manipulate public ideology in the capitalists' favor.

Jürgen Habermas has been a major contributor to the analysis of advanced-capitalistic societies. Habermas observed four general attaches that characterize advanced capitalism: