Late Capitalism
Late capitalism
is a term sometimes used to refer to
capitalism
of the late
20th century
, generally with the implication that it will eventually end. 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
has been reproduced on the Marxists Internet Archive. See also
periodizations of capitalism
.
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