What's late capitalism? Is it some sort of commie bullshit?

What's late capitalism? Is it some sort of commie bullshit?

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Some kind of magic is going to happen and then full blown communism. Just retarded deterministic Jew theories

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haha did i do good guys?

late stage capitalism = starving children in africa

if every nation was socialist/communist there wouldn't be hunger

I pretty sure that isn't true, space cowboy

lol, you win dumbest shit of the day trophy

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Late stage capitalism is what you get when you don't keep the gun pointed at the Jews.

The commies are mistaking late stage capitalism for late stage democracy.

>late stage capitalism

is making fun of right wing retards for worshiping and serving billionaire globalist elites

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Late stage capitalism is the theorized point in which upwards wealth shift caused by capitalism results in one individual or corporation monopolizing all goods and services, effectively cementing all classes without any chance of mobility.

There wouldn't be any hunger because everyone would have already starved to death

>if every nation was socialist/communist there wouldn't be hunger
Yeah, killing all the people in the world would cause hunger to end.

Or rather, vice versa

>not posting source

why did he mean by this?

Capitalism is like a phoenix, it will simply crash and burn but be reborn with a clean slate. Then the cycle will continue with slight variations until the end if humanity.

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niggers never appreciate that beauty. thats why they only support that nigger asses

If you have a way to take that money that they already got without shrinking the middle income be my guest. So far. You have not.

>What's late capitalism? Is it some sort of commie bullshit?

Yes, it is used to describe modern capitalism and implies that it's in a final and terminal stage. Which is fucking retarded, since none of these fuckers really know the future. It's like fundamentalist Christians known that the end times are neigh. Yet at least the they have the decency to call their beliefs religious and not pretend it is 'rational' or 'scientific'.

Muh late capitalism means that when corporations eventually become virtual monopolies they have so much power that they can keep producing a shit product and get rid of more competent products(doesn't work on a free market). Also complaining about capital accruing to the top while ignoring that the poor have become incredibly rich by historical standards.

After the commies sabotage everything they can go "See, told you so." This is the moment we accept communism and have all the communists executed, then let it collapse back into the republic.

Ironically liberals themselves are part of late stage capitalism. To them it just means what you guys are saying, some magical communist utopia. But they don't realize that their own po-mo destruction of all value systems and fetishization of material goods is part of the problem

You're the only fucking person on this site who doesn't know the source and who is too retarded to reverse search it. Log offline, never come back.

Nice. So subtle.

the premises behind the free market are reliant on individualistic behaviour as soon as you introduce nepotism corporatism or whatever you want to call it the system changes into oligopoly. tl;dr your game theory is shit autismos

This is called autocracy and it could never be sustainable from an economic standpoint because all people have an inherent value based on their potential. Even if one person owns the entire population as slaves de jure, the truth is that if they could overpower and kill him and they continue to live as slaves only because they want to.

FAAAAAAAAART HEH

> the poor have become incredibly rich by historical standards
success is a social thing. A homeless guy might be rich compared to some medieval peasant, but he's still a loser in societies eyes, which is what matters for personal happiness.

Libs make it worse by only emphasizing material things. Nothing else matters for them. If the homeless guy was a deeply religious and moral man, he'd still be a loser in their eyes.

i up boated this

Jesus, I need to get laid

The root problem isn't capitalism its technological progress which moves the end point of capitalism further and further away. That is the cause of the income disparity, the TOTAL LIFE SPAN of capitalism increases and the innovators continue accelerating towards the theoretical end point which gives us this huge rift in humanity.

Left

sorry but no op
Alyssa reece dani daniels

Yes, but that is the nature of the beast if you want anyone to do anything more than the bare minimum. And there are other hierarchies to climb than just monetary ones. Like becoming good at art or a sport etc. even if it doesn't come with monetary success, you can be respected for it.

I've never seen a good way to correct the pareto distribution. It shows up in a lot of places, and it definitely shows up in wealth distribution. Communism definitely is not a good solution to it.

yeah, that was my point. Almost everyone is entirely consumerist nowadays with post-modernism. People don't value much beyond money, at least in the US.

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>what is an estate tax
>what is a wealth tax
>what are higher capital gains and dividend taxes above a certain threshold

Give corporations tax breaks based on jobs created per unit revenue.

late stage capitalism is unemployed beardlets crying on reddit desu

Yes. We've been in "late stage capitalism" for nearly 200 years according to Marx. Also, BRAAAAAAPPPPP

Late capitalism is when all the "winners" of capitalism have been decided.

Thank you for a quick and simple explanation

The related subreddit outright says it's a "safe space for Marxists". So what do you think

Interesting way of looking at it. Like a "late stage game of Monopoly" where one guy has most of the money and just hasn't won yet

Idk what the solution is but flipping the game board (communism) doesn't seem a good idea