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.
I have Codex and Gemini critique the plan and generate their plans. Then I have Claude review the other plans and add their good ideas. It frequently improves the plan. I then do my careful review.
This is exactly how I've found leads to most consistent high quality results as well. I don't use gemini yet (except for deep research, where it pulls WAY ahead of either of the other 'grounding' methods)
But Codex to plan big features and Claude to review the feature plan (often finds overlooked discrepancies) then review the milestones and plan implementation of them in planning mode, then clear context and code. Works great.
> Would this is safe to do on a sunny warm weather?
I’d be more concerned about having plastic bags against my skin when I’m sweating heavily than the effect the heat would have on the butter tbh. Hot weather is an excuse to wear less clothing, not wrap yourself in ziploc bags
> The way imports work in DenchClaw is a bit unconventional, when you tell it to "import my HubSpot", the agent literally opens your browser (using the copied Chrome profile), navigates to HubSpot, triggers the export, and then ingests the downloaded files into the workspace DuckDB.
What’s stopping the agent from doing literally any other thing in HubSpot? You know, small stuff like editing/deleting records, sensing emails, launching marketing campaigns, deleting reports, etc.
Our HubSpot import seed skills have strong always on prompts for asking user before doing any action, and it knowing where to click. For actions faster than browser, the skill also knows how to use hubspot cli.
Ideally for these pursposes, I would ALWAYS use Claude Opus 4.6 for this stuff, personally I have never seen it do unintended things to that extent.
Also, when the browser opens you can supervise it doing the thing, since you can see what its doing, you can always stop it if it ever goes wrong.
This isn't a thing.
Capitalism is just capitalism.
reply