Theodor W. Adorno asked in 1968: What is the fundamental question of the present structure of society? Do we live in late capitalism or an industrial society? In today’s society, we can reformulate this question: What is the fundamental question of the present structure of society? Do we live in capitalism or an information society? This article deals with these questions. A typology of information society theories is presented. Radical discontinuous information society theories, sceptical views and continuous information society theories are distinguished. Second, an alternative concept that is grounded in Hegelian philosophy and Marxist political economy is presented. The basic argument is that the emergence of transnational informational capitalism is a transformational sublation, but not a radical one, and that informational capitalism is just one of the forms of capitalism that co-exist today. There is a unity of diversity of capitalism(s).