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"late stage capitalism" was defined over 100 years ago.
by drcongo 3y ago
"late stage capitalism" was defined over 100 years ago.
- Ensorceled 3y agoIt's hilariously ironic that they reference the 30's while saying the phrase that was coined to describe the 20's and 30's doesn't exist.
- IAmGraydon 3y agoSource? NGram viewer finds no instances of “late stage capitalism” in books before 1984.
- jjgreen 3y ago"Late capitalism" (in German) attributed to Werner Sombart in 1902: https://en.wiktionary.org/wiki/late_capitalism https://en.wiktionary.org/wiki/late_capitalism
- msla 3y ago[flagged]
- deleted 3y ago[deleted]
- IAmGraydon 3y agoI get it, but the modern use of the phrase “late-stage capitalism” implies that capitalism itself is a terminal cancer (where the term comes from), which is not at all what Sombart was trying to convey.
- deleted 3y ago[deleted]