Man, I have nothing against liberal arts per se. On the contrary, I think that a tragedy of our time is that people disconnected from things like literature, history and art in the name of over-specialization and an excessively utilitarian approach towards education.
But I am very critical of what pass as the modern liberal arts academic establishment. To avoid a very long text, let's say that my view is heavily influence by Ortega y Gasset.
I don’t think that’s particularly true. There’s a lot you can do with texture, colours and silhouettes, even within items that are “the same”. I do think most men are pretty unimaginative when it comes to dressing themselves though, and most can’t even do basic things like getting trousers hemmed to fit them properly.
Never forget the Australian newscaster who wore the same suit for a year and no one noticed/called him out for it. His broadcasting partner, a woman, had been called out for wearing the same outfit previously. There may be subtle variations available to men, but the simple fact is that many fewer people notice or care.
Which if you've ever had a Garmin device + tried Strava, you'd realize that perhaps Strava provides additional insights on top of what Garmin provides?
I've heard "Randy Walters is a son of a bitch, ooooh oooooh, uuh!" the entire day today after hearing the song yesterday, probably the most catchy one to come out of this whole story: https://www.youtube.com/watch?v=u4AiuqQpB1U
I’m not sure what that wiki article has to do with a criticism of the oblique “late stage” capitalism term. Particularly when the only reference is a link to the relevant late stage capitalism article which mentions the term isn’t all that clear cut or even used with any degree of consistency, which is why I’m asking for proof that “every single” economist agrees.
If you want to just debate the validity of the specific term “late stage capitalism” then sure go ahead, but that’s not all you did in your prior comment. Capitalism comes in many forms and variations.
That being said, late stage capitalism is such a common term now that to say “it isn’t a thing“ feels more like something you feel should be the case than anything else. The fact that everyone in this conversation is able to understand the phrase without anyone needing to explain it is pretty indicative of that.
I don't know. Certainly the underlying mechanisms of capitalism remain the same, but it does not hurt to clarify the context that it exists within. The world is very different today, than say the 1960's, but the "rules" were the same. Capitalism has been accelerated a lot by the rise of information technology, specifically the internet, and today it is a whole different beast with unique "opportunities" and consequences.
I think the differentiating feature is that capitalism used to be tethered to producing things that were useful. The current model of wealth acquisition, so called "late-stage" seems to have shifted more towards rent seeking and extraction.
The only things that's true now is that there's more laxity around consolidation of power in big business. The core tenets of capitalism haven't changed in thousands of years.
Capitalism only exists for like 500 years. In some places of the world it did not fully develop until the 20th century. It is very young.
Are you confusing capitalism with class society in general? Yes, class society exists since the neolithic revolution. Those economic systems had barely anything in common with capitalism though. Even medieval feudalism is very different.
And yes, late stage capitalism is a term. It was coined by Lenin in his book about Imperialism. You might not agree with the term but that doesn't mean it is not real.
I think it is very obvious that 20th and 21st century monopoly capitalism is qualitatively different to 18th and 19th century free market capitalism.
I would be reluctant to say that capitalism, as we have had after the industrial revolution, has existed in the same form for thousands of years. That just seems silly.
I think you are right in that the primary mechanisms remain the same, or at least similar, but that was not my point anyways. The surrounding adjectives describe more the context of which capitalism exists within.
The effects and consequences of capitalism under feudalism or the age of slavery is, for example, fundamentally different from capitalism under a freer modern democracy. A slave or serf did not have the opportunities of capitalism, which changes how the system behaves and its effects.
The term "capitalism" becomes kind of meaningless, because it just describes a broad set of mechanisms. In the case of the question in this thread it is much more descriptive to include the context of which it exists within.
Tell us more about this axe you appear to need to grind.
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