I think what Alf is talking about here is the idea that capitalism had gone beyond its economic contradictions, and that now the contradictions are between order givers and order takers. This was the idea upheld by Castoriadis and SouB, and was picked up by Debord during his time in that group. It seemed vaguely reasonable at the time, but stopped appearing so when the idea was kicked in the teeth with the return of open crisis in the 1970s.