The present paper is about the notable literary and cultural theorist Fredric Jameson, who has been contributing continuously in the field of literary theory. This paper presents Jameson’s distinctive vision of western culture’s relation to political economy. He has meaningfully contributing to the domains of post structuralism and postmodernism. After 1983, Jameson turned his attention to the culture of late capitalism. Here, an effort is to understand the notions and concerns of Jameson and the development in his ideas. His oeuvre can be dividing into three parts. This paper charts his exploration of capitalism in the mode of economic production, where postmodernity is an unchallenged, a long voyage of capitalism. This also helps to understand Jameson’s distinctive view of dialectic and its role in understanding certain concepts in its unfashionable time. It may possibly underscore the major thematic concerns in his oeuvre.