Daily Archives: September 21, 2020

In recent years, “late-stage capitalism” has become the go-to term for describing the conditions and contradictions of modern society. As a phrase, it has been in use for well over a hundred years but has gained popularity in American academia as a shorthand for the second half of the 20th century, starting with the postwar economic boom and continuing on through modern day. Think “multinational oligopolies” rather than “robber barrons.” In its casual usage, it has grown to be the […]Read more »