Late capitalism - Definition and Overview

Late capitalism is a term sometimes used to refer to capitalism of the late 20th century. According to the Marxist economist Ernest Mandel, late-stage capitalism will be dominated by the machinations - or perhaps better, fluidities - of finance capital.

Late capitalism is also an important component of Fredric Jameson's influential analysis of postmodernism. A section of Jameson's analysis (http://www.marxists.org/reference/subject/philosophy/works/us/jameson.htm) has been reproduced on the Marxists Internet Archive.

See also periodizations of capitalism

Example Usage of capitalism