Reading Fast Capitalism, I was reminded of Michelle Alexander's book, The New Jim Crow. In it, she argues that the decline of a production based economy and its transformation into a service based economy has helped create a major boon for the Prison Industrial Complex. Although she does not use the terms old and new capitalism, her argument maps onto Gee et al's notion that the new capitalism will exacerbate wealth inequalities and create a society of a very few haves and many have nots. To Alexander, this means that in the new work order, there will be many black people who are no longer needed for their labor, and thus there is the question of what to do with them. She posits the state decided to create a new industry - the prison industry to warehouse people no longer valuable for their labor. Her book is a genealogy of the concomitant rise of both new capitalism and the prison industry; I highly recommend it.