this post was submitted on 06 Feb 2024
817 points (94.2% liked)
Memes
45172 readers
4174 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It’s not late stage capitalism or crony capitalism or über capitalsm: it’s capitalism.
That's what "late stage capitalism" means though. Not some distinct subset of capitalism, just the inevitable result of capitalism + time. The later you get, the more extreme the inherent problems become. Late stage capitalism is a declaration of degree, not type.