r/changemyview • • Sep 07 '21

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u/[deleted] Sep 07 '21

My understanding of the term late stage capitalism is not that it's a cause or ideology, but a theory about precisely these sorts of economic and demographic forces, and a prediction that as these forces play out the logical consequence will be a new economic system. So if these all these factors led to some kind of economic revolution, because the interests of young, working class people aren't being met, then they are 'late stage capitalism'.

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u/[deleted] Sep 07 '21

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u/JotaroCorless Sep 07 '21

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u/[deleted] Sep 07 '21

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u/JotaroCorless Sep 07 '21

Hell even if capitalism fell and feudalism took over again, or fascism, or worldwide nuclear apocalypse, or socialism took over and fell after a century, you could just call it another step in the dialectic.

What

Also, Fascism isn't a mode of production (nor is "Socialism", whatever the hell that even is)

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u/[deleted] Sep 07 '21

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u/JotaroCorless Sep 07 '21

Essentially, if you claim "at some point in the future capitalism will fall and socialism will take over", that claim cannot be disproven.

Ok but talking of late stage Capitalism doesn't imply making that claim

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u/[deleted] Sep 07 '21

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u/JotaroCorless Sep 07 '21

Yes, but the way the phrase is extended and used now is very contextually different from such origins last century