It will already have been noticed that the crucial developments in the processes of production date from precisely the same period as monopoly capitalism.  Scientific management and the whole “movement” for the organization of production on its modern basis have their beginnings in the last two decades of the last century.  And the scientific-technical revolution, based on the systematic use of science for the more rapid transformation of labor power into capital, also begins, as we have indicated, at the same time.  In describing these two facets of the activity of capital, we have therefore been describing two of the prime aspects of monopoly capital.  Both chronologically and functionally, they are part of the new stage of capitalist development, and they grow out of monopoly capitalism and make it possible (176).