Re:Foxconn to Build $10B Factory in U.S
by singlow on Thursday July 27, 2017 @12:17AM
(#14862679)
You don't just need to believe you are past the midpoint: you must believe that you have crossed a threshold where current events and circumstances are precipitating or portending the end. While logically, this could be the belief of anyone who expects any non-capitalist system to be around the corner, it is in fact used primarily by Marxists/socialists/communists. Do you have examples of other groups using the term late-stage capitalism?
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> Do you have examples of other groups using the term late-stage capitalism?
Those who don't share marxists' inherent optimism and therefore expect capitalism to eventually turn into neo-feudalism.