Etymology

late capitalism

Today it means: The most recent or current form of capitalism, especially as characterized by monopoly, globalization, exploitation, and excess. Full definition →

German Spätkapitalismus
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The story

  1. German · calque ofSpätkapitalismus
  2. English todaylate capitalism

Calque of German Spätkapitalismus, attributed to German economist Werner Sombart and later popularized by Marxist economist Ernest Mandel.

Etymology from Wiktionary, CC BY-SA 4.0.