# late capitalism

> English word · Noun

## Definitions
1. The most recent or current form of capitalism, especially as characterized by monopoly, globalization, exploitation, and excess.

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

## Source
Compiled from Wiktionary via kaikki.org (CC BY-SA). Data vintage: 2026-05-06.
Canonical page: https://plainspell.com/en/word/late-capitalism