Meaning of late capitalism | Babel Free

Definitions

The most recent or current form of capitalism, especially as characterized by monopoly, globalization, exploitation, and excess.

countable, uncountable

Equivalents

Examples

“The genius of late capitalism is the development of strategies for managing and profiting by its own excess.”

“The "schizoanalysis" of Deleuze and Guattari further brings the film into conversation with Gregory Bateson's analysis of schizophrenia and the environment in Steps to an Ecology of Mind, wrapping up with an examination of the film as a product of late capitalism.”

“If, then, something like attention deficit hyperactivity disorder is a pathology, it is a pathology of late capitalism – a consequence of being wired into the entertainment-control circuits of hypermediated consumer culture.”

“An ideology of technological rationalism in the globalization of late capitalism appears to be a specific example of reification; it has the function of the mystifying concealment of social conflict, contradiction, and war.”

“Those cerebral outlets helped to fuel renewed interest in Marx and critical theory, as well as late capitalism. David Graeber, a leading figure in Occupy and the coiner of the phrase “We are the 99 percent,” for instance, wrote a long essay for The Baffler that touched on Jameson, Mandel, corporate profitability, flying cars, and, of course, late capitalism.”

“Are we to detect a critique of late capitalism in the fact that she works as a cashier, librarian, bus driver, helicopter rescue pilot and training co-ordinator for the local fire service?”

CEFR level