The Millions

A Brief Late-Stage Capitalism Reading List

What is this late capitalism we keep hearing about? As a pop culture term, it refers to capitalism run amok with its drive for profits over everything (e.g., the United passenger who was beat up and dragged off the plane so the company’s employees could fly). It’s a term often used by Marxist economists (also called Monopoly Capitalism or Late-Stage Capitalism), suggesting the unsustainable nature of purely instrumentalist market-based societies, where, you get the idea.

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