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The Conversation
The Conversation
David Elias Aviles Espinoza, PhD candidate in Political Economy, University of Sydney

We live in a time of 'late capitalism'. But what does that mean? And what's so late about it?

Karl Marx United States Twitter Inc.
A worker shovels charcoal at the at Al-Hattab production facility in the Gaza Strip. Mohammed Saber/AP

The term “late capitalism” seems to be everywhere as a trending meme – often used as a kind of shorthand to illustrate the absurdities of certain free market economies.

On Twitter, you will find the hashtags #latecapitalism (English), #tardocapitalismo (Italian), #capitalismotardio (Spanish), and #spätkapitalismus (German), among others. Typically, they satirise notions such as the idea of endless growth.

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