From Wikipedia, the free encyclopedia.
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 has been reproduced on the Marxists Internet Archive.
