Nobody thinks "late-stage capitalism" is a revolutionary insight. The term is proliferating because it resonates with more and more of the public. Somebody thou

Nobody thinks "late-stage capitalism" is a revolutionary insight. The term is proliferating because it resonates with more and more of the public. Somebody thought of it decades ago, but we've reached a point where swaths of people feel we've really hit it, whatever it is. P.S. I don't think lsc is about "ignorance". Maybe just me but I take it as a general state of consolidating wealth & government capture. Like a game of monopoly- in the middle everyone has opportunity, everyone is growing, it's fair and everyone is mostly happy. But in the end, small advantages snowball, influence is consolidated, power is entrenched, and the good parts of capitalism vanish.