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this post was submitted on 30 Aug 2023
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The same late stage capitalism we've been in since the term was coined 175 years ago?
Later in the stage? The term was coined before the stage happened. End of WWI was supposedly the start and I don't think the idea was that it would implode the instance the stage was hit. We got a bit of a bounce back with the tech boom, that's clearly over. Unless another major frontier pops up that isn't immediately sucked dry by the already rich, we're at the end.