Don't think the term came with any timeframe when it was coined (and the "phases of capitalism" where long, like hundreds of years). Whether it is a late-stage

Don't think the term came with any timeframe when it was coined (and the "phases of capitalism" where long, like hundreds of years). Whether it is a late-stage or not is up to future, really, though. I would agree, though, that there are sharper terms to describe the current flavor of capitalism.