Late Stage Capitalism? Accumulation in the Ruins (Socialist Register 2026)

What is neoliberalism transforming into? This year’s Socialist Register identifies gaps in Marxist state theory by examining the ongoing, differentiated development of capitalism, from counter-revolutions in public finance and central banking, to changing economic policies under globalizing forms of contemporary fascism and trade in the midst of Trumpism. Puzzling through the rubble left behind, Late-Stage Capitalism? Accumulation in the Ruins highlights Sri Lanka’s confrontations with the IMF, examines authoritarian developmentalism in Korea, scrutinizes accumulation in Latin America, reveals the impact of de-dollarization on India, and zeros in on de-development in Palestine. Greg Albo teaches comparative and Canadian political economy at York University. He is the co-editor of the Socialist Register and author and editor of numerous books. Stephen Maher teaches in the department of economics, SUNY, Cortland, and is coauthor of The Fall and Rise of American Finance. PRAISE: “The Socialist Register has been the intellectual lodestar for the international left since 1964.” ~the late Mike Davis