3 ms·

Why am I hearing so much about "late capitalism" suddenly? I'm sure I'd never heard the term five years ago. Now it's in all sorts of articles.

• droopyEyelids 9y ago
  The idea is that we're entering the late stage capitalism phase of our civilization. Like, we went though antiquity and modernity and post modernity. There was a colonial period and a reconstruction. Pre and post ww2. They're all hard to define and poorly scoped, but there is something to each of the ideas, or people wouldn't talk about them. Anything I could say to define 'late capitalism' would detract from the point though, because any tech person can find a million nits to pick on any point made about even relatively precise subjects, and late capitalism refers to trends in something as diverse as global society. Just try and think for yourself, "If we are living through such a thing as late era capitalism, what characteristics of our world are relevant to that label?"