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You don't just need to believe you are past the midpoint: you must believe that you have crossed a threshold where current events and circumstances are precipit
by singlow 9y ago
You don't just need to believe you are past the midpoint: you must believe that you have crossed a threshold where current events and circumstances are precipitating or portending the end. While logically, this could be the belief of anyone who expects any non-capitalist system to be around the corner, it is in fact used primarily by Marxists/socialists/communists. Do you have examples of other groups using the term late-stage capitalism?
- usrusr 9y ago> Do you have examples of other groups using the term late-stage capitalism? Those who don't share marxists' inherent optimism and therefore expect capitalism to eventually turn into neo-feudalism.