"late capitalism" is a useful term in many contexts, but it's not useful as a substitute for "capitalism under literally any other set of conditions than being a white person in the imperial core between 1948 and 1979".

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"late capitalism" is a useful term in many contexts, but it's not useful as a substitute for "capitalism under literally any other set of conditions than being a white person in the imperial core between 1948 and 1979".