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late capitalism

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  • What does this even mean? I first saw it in a Pokemon Go critique: http://www.vox.com/2016/7/12/12152728/pokemon-go-economic-problems

    July 14, 2016

  • "Late capitalism" is a term used by neo-Marxists to refer to capitalism from about 1945 onwards, with the implication that it is a historically limited stage rather than an eternal feature of all future human society. This period includes the era termed the golden age of capitalism.

    https://en.m.wikipedia.org/wiki/Late_capitalism

    July 14, 2016

  • Ahhh, so it means that, to the writer, this is part of the indicator that capitalism is almost over and the new type of economic system will rise soon? Which one?

    July 14, 2016