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[politics] Why the Phrase ‘Late Capitalism’ Is Suddenly Everywhere‘Finally, “late capitalism” gestures to the potential for revolution, whether because the robots end up taking all the jobs or because the proletariat finally rejects all this nonsense. A “late” period always comes at the end of something, after all. “It has the constant referent to revolution,” Roberts said. “‘Late capitalism’ necessarily says, ‘This is a stage we’re going to come out of at some point, whereas ‘neoliberalism’ doesn’t say that, ‘Shit is fucked up and bullshit’ doesn’t say that. It hints at a sort of optimism amongst a post-Bernie left, the young left online. Something of the revolutionary horizon of classical Marxism.” It does all this with a certain concision, erudition, even beauty. It’s ominous and knowing, brainy and pissed-off. “Now is a crazy political time,” Yeselson said…’

What is Late Capitalism?

This entry was posted on Friday, May 5th, 2017 at 2:01 pm and is filed under Politics.

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