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Late capitalism is a concept first used in print (in German) by German economist Werner Sombart at the start of the 20th century.[1] In the late 2010s, the term began to be used in the United States and Canada to refer to corporate capitalism.
Later capitalism refers to the historical epoch since 1940, including the post–World War II economic expansion. The expression already existed for a long time in continental Europe, before it gained popularity in the English-speaking world through the English translation of Ernest Mandel's book Late Capitalism, published in 1975.
The German original edition of Mandel's work was subtitled "an attempt at an explanation", meaning that Mandel tried to provide an orthodox Marxist explanation of the postwar epoch in terms of Marx's theory of the capitalist mode of production. Mandel suggested that important qualitative changes occurred within the capitalist system during and after World War II and that there are limits to capitalist development.
^Lowrey, Annie (May 1, 2017). "Why the Phrase 'Late Capitalism' Is Suddenly Everywhere: An investigation into a term that seems to perfectly capture the indignities and absurdities of the modern economy". The Atlantic. Retrieved November 29, 2019.
Latecapitalism is a concept first used in print (in German) by German economist Werner Sombart at the start of the 20th century. In the late 2010s, the...
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism...
intensive stage / latecapitalism (Aglietta) The Marxist periodization of capitalism into the stages: agricultural capitalism, merchant capitalism, industrial...
Criticism of capitalism is a critique of political economy that involves the rejection of, or dissatisfaction with the economic system of capitalism and its...
Advanced Capitalism New Left Review Fredric Jameson (1991) Postmodernism, or, the Cultural Logic of LateCapitalism Ernest Mandel LateCapitalism Capitalist...
State capitalism is an economic system in which the state undertakes business and commercial (i.e., for-profit) economic activity and where the means of...
term merchant capitalism, a term coined by the German sociologist and economist Werner Sombart in his "The Genesis of Modern Capitalism" in 1902, to refer...
A 400-year evolution of modern financial capitalism Finance capitalism or financial capitalism is the subordination of processes of production to the...
analysis of postmodernity and capitalism. Jameson's best-known books include Postmodernism, or, The Cultural Logic of LateCapitalism (1991) and The Political...
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Capitalism is an economic system based on the private ownership of the means of production, and their operation for profit. Other characteristics include...
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the 20th century. The term latecapitalism is accredited to him. The concept of creative destruction associated with capitalism is also of his coinage. His...
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hotel in his 1984 essay, "Postmodernism, or, the Cultural Logic of LateCapitalism," and in his 1991 book by the same name. He writes that the Bonaventura...
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identified postmodernity with "latecapitalism" or "flexible accumulation", a stage of capitalism following finance capitalism, characterised by highly mobile...
Racial capitalism is a concept reframing the history of capitalism as grounded in the extraction of social and economic value from people of marginalized...
Crony capitalism, sometimes also called simply cronyism, is a pejorative term used in political discourse to describe a situation in which businesses profit...
CSR in the context of theories of globalization, neoliberalism, and latecapitalism. Since the 1960s, corporate social responsibility has attracted attention...
Ives' Spring/Summer 2024 collection in collaboration with Depop, "LateCapitalism". By 2024, Consani had over two million followers on TikTok. Alyssa...