Late capitalism and gambling Cover Image

Późny kapitalizm i hazard
Late capitalism and gambling

Author(s): Przemysław Nosal
Subject(s): Sociology
Published by: Łódzkie Towarzystwo Naukowe
Keywords: gambling; late capitalism; late modernity; risk; speculation

Summary/Abstract: The relationship between late capitalism and gambling appears to be a multidimensional connection. On the one hand, late capitalism provides a number of features which support the dynamic development of gambling in the 21st century. The crucial elements are technologisation, globalisation and individualisation. On the other hand, gambling is a metaphor for late capitalism. The basic categories of late capitalism, like dematerialisation, risk or speculation, make it strikingly similar to gambling. They use the same resources, logic and rules. In effect, the analysis of gambling is a useful tool to explore the wider social reality.

  • Issue Year: 68/2019
  • Issue No: 2
  • Page Range: 9-31
  • Page Count: 23
  • Language: Polish
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