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Why the Phrase 'Late Capitalism' is Suddenly Everywhere

Tadhg Gaelach

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An interesting essay on the use of the term "late capitalism." It's also interesting that, during the Soviet Union, the Capitalists themselves and their media even refused to use the word "Capitalism." According to them, Capitalism was just human nature - or the Will of God. Now, that line has been abandoned and the Capitalists have come out of the closet and declared Capitalist Pride. Capitalists today are even talking about "Late Capitalism."

Why the Phrase 'Late Capitalism' Is Suddenly Everywhere - The Atlantic
 
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Fink

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An interesting essay on the use of the term "late capitalism." It's also interesting that, during the Soviet Union, the Capitalists themselves and their media even refused to use the word "Capitalism." According to them, Capitalism was just human nation - or the Will of God. Now, that line has been abandoned and the Capitalists have come out of the closet and declared Capitalist Pride. Capitalists today are even talking about "Late Capitalism."

Why the Phrase 'Late Capitalism' Is Suddenly Everywhere - The Atlantic
Suddenly?
The article is from last year, you cut and paste devil you.
 

Dublin 4

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More ubiquitous then...
 

jpc

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An interesting essay on the use of the term "late capitalism." It's also interesting that, during the Soviet Union, the Capitalists themselves and their media even refused to use the word "Capitalism." According to them, Capitalism was just human nation - or the Will of God. Now, that line has been abandoned and the Capitalists have come out of the closet and declared Capitalist Pride. Capitalists today are even talking about "Late Capitalism."

Why the Phrase 'Late Capitalism' Is Suddenly Everywhere - The Atlantic
The financial capital system is beginning to cannibalise.
Rent seeking, monopolize and socialise the losses.
Tariffs and government help big time.
Cut wages and benefits.
Opposite of Henry Ford.
 

FairstoodtheWind

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So the Atlantic do articles that are not lobbying for paedophilia acceptance?
 

A Voice

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Late capitalism is a pretentious phrase used by leftard millenials and gen X losers who dislike how their life choices are working out.
It pleasures its users by implying on their part a familiarity with "early capitalism", and a historical purview that they most likely do not have.
What none of these tossers have a familiarity with, much to their good fortune, is socialism or communism.
If they did, they'd be whining for their iPhones, lattes and other accoutrements of the "late capitalism" lifestyle, pronto!
 
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Tadhg Gaelach

Tadhg Gaelach

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Late capitalism is a pretentious phrase used by leftard millenials and gen X losers who dislike how their life choices are working out.
It pleasures its users by implying on their part a familiarity with "early capitalism", and a historical purview that they most likely do not have.
What none of these tossers have a familiarity with, much to their good fortune, is socialism or communism.
If they did, they'd be whining for their iPhones, lattes and other accoutrements of the "late capitalism" lifestyle, pronto!

In a sense you are correct. What we might call Fordist Capitalism did seem to offer a brave new world of housing and consumer goods for all. And it could be said that something very close to that did exist in the USA in the 1950s and 60s. But, we're a very long way from all of that now. When you have the likes of Goldman Sachs resorting to buying shitty housing for migrants in Tyrellstown just to get a bit of yield, you know the age of Fordist industrial capitalism is well and truly over. Now Capitalism is Finance Capitalism - it's about cannibalizing society, not building anything new.
 
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