I’m not sure what that wiki article has to do with a criticism of the oblique “late stage” capitalism term. Particularly when the only reference is a link to the relevant late stage capitalism article which mentions the term isn’t all that clear cut or even used with any degree of consistency, which is why I’m asking for proof that “every single” economist agrees.
If you want to just debate the validity of the specific term “late stage capitalism” then sure go ahead, but that’s not all you did in your prior comment. Capitalism comes in many forms and variations.
That being said, late stage capitalism is such a common term now that to say “it isn’t a thing“ feels more like something you feel should be the case than anything else. The fact that everyone in this conversation is able to understand the phrase without anyone needing to explain it is pretty indicative of that.
I’m not sure what that wiki article has to do with a criticism of the oblique “late stage” capitalism term. Particularly when the only reference is a link to the relevant late stage capitalism article which mentions the term isn’t all that clear cut or even used with any degree of consistency, which is why I’m asking for proof that “every single” economist agrees.
https://en.wikipedia.org/wiki/Late_capitalism
You said
> Capitalism is just capitalism.
If you want to just debate the validity of the specific term “late stage capitalism” then sure go ahead, but that’s not all you did in your prior comment. Capitalism comes in many forms and variations.
That being said, late stage capitalism is such a common term now that to say “it isn’t a thing“ feels more like something you feel should be the case than anything else. The fact that everyone in this conversation is able to understand the phrase without anyone needing to explain it is pretty indicative of that.