Well, what is "Late Stage Capitalism" supposed to be???
Originally It was the term that mid century Marxists used to describe post WWI capitalisms. Some German wank split capitalism up into stages in the early 20th century, and "Late Capitalism" was where he was at at that time.
More recently the new Bougie Marxist crowd has decided it's a catch-all for what they see as the inevitable sins of Capitalism (inequity, worker exploitation, profits, blah blah.) Which shows a shocking [not really] ignorance of actual conditions under 19th century Capitalism, or any century socialism. But they have Twitter and Liberal Arts degrees so we are subject to their inane navel-gazing and regurgitated failed 19th century philosophy. Hence Mr. Hogg.
