"Late-stage capitalism" is a clever -sounding phrase to drop into a fedipost, but it's nonsense: it implies a deterministic, teleological model of history, moving through known stages towards an inevitable goal.
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"Late-stage capitalism" is a clever -sounding phrase to drop into a fedipost, but it's nonsense: it implies a deterministic, teleological model of history, moving through known stages towards an inevitable goal.
In reality, each generation just muddles along as best it can, neither moving towards nor away from anything, but just making the best (or worst) of their moment on this planet. 🫤
p.s. Marxists aren't alone in their fantasising: (liberal) Whig historians have their Myth of Progress, techo-utopians have their triumphalist history of the "Great Men" of Science, and conservative Christian Nationalists have their racist "Great Replacement" theory.
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