What is late stage capitalism?

Question

Also termed late capitalism

In: 1

Answer 1

I will recommend a book: *Principles for Dealing With the Changing World Order: Why Nations Succeed and Fail* by Ray Dalio. Talks all about this and how it comes and goes in cycles. Generally what “late stage capitalism” means is that we are nearing the end of the cycle. These cycles last for 50-100 years or so and then start again