7 Examples Of Late Capitalism | The Odyssey Online
Start writing a post
Student Life

7 Examples Of Late Capitalism

Mundane Late Capitalism

2345
7 Examples Of Late Capitalism
Jeremy Hunsinger via Flickr

"Late Capitalism" is a term coined by a neo-Marxist to describe and talk about capitalism post-1947. Late capitalism is a term used to refer to the absurdities of our contemporary economy and the inequalities it fosters.

I have been thinking about this term a lot and about how we need to start talking about capitalism not at a theoretical level but on the level of lived experiences and mundane things we see around us every day.

So here are 7 examples of late capitalism you've probably seen but never thought about!!

1. Kendall Jenner's Pepsi commercial

Even my unhealthy obsession with the Kardashians couldn't keep me from denying that this commercial not only exemplified capitalism but also ignored the numerous people of color who put their lives at risk to protest a society built on their oppression.

2. United Airlines forcibly removes passenger

The blatant disregard of human dignity by big corporations is late capitalism.

3. Fyre Festival

The luxurious festival that meant to cost thousands of dollars was anything but paradise.

4. Brexit

A decision guided by fear of economic threat posed by outsiders. Brexit is undoubtedly a product of a failed capitalist system.

5. Aftermath of hurricane Harvey

Numerous corporations descended to Houston to win publicly financed contracts to rebuild the area with no taxes being paid on their profits. Trump further called the aftermath of Harvey "a wonderful thing."

6. A juicer that connects to wifi (uh?)

Late capitalism includes the innovation of, may I say, completely unnecessary products like a wifi juicer.

7. BB&T Center for the Study of Capitalism

BEHOLD!! Late Capitalism exists even in our beloved mother so dear, Wake Forest. Our institution is not only a product of capitalism but also houses within it organizations and systems that support and propagate capitalism, a system under which minorities are bound to be oppressed.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
campus
CampusExplorer

New year, new semester, not the same old thing. This semester will be a semester to redeem all the mistakes made in the previous five months.

1. I will wake up (sorta) on time for class.

Let's face it, last semester you woke up with enough time to brush your teeth and get to class and even then you were about 10 minutes late and rollin' in with some pretty unfortunate bed head. This semester we will set our alarms, wake up with time to get ready, and get to class on time!

Keep Reading...Show less
Student Life

The 5 Painfully True Stages Of Camping Out At The Library

For those long nights that turn into mornings when the struggle is real.

1193
woman reading a book while sitting on black leather 3-seat couch
Photo by Seven Shooter on Unsplash

And so it begins.

1. Walk in motivated and ready to rock

Camping out at the library is not for the faint of heart. You need to go in as a warrior. You usually have brought supplies (laptop, chargers, and textbooks) and sustenance (water, snacks, and blanket/sweatpants) since the battle will be for an undetermined length of time. Perhaps it is one assignment or perhaps it's four. You are motivated and prepared; you don’t doubt the assignment(s) will take time, but you know it couldn’t be that long.

Keep Reading...Show less
Student Life

The 14 Stages Of The Last Week Of Class

You need sleep, but also have 13 things due in the span of 4 days.

821
black marker on notebook

December... it's full of finals, due dates, Mariah Carey, and the holidays. It's the worst time of the year, but the best because after finals, you get to not think about classes for a month and catch up on all the sleep you lost throughout the semester. But what's worse than finals week is the last week of classes, when all the due dates you've put off can no longer be put off anymore.

Keep Reading...Show less
Student Life

Top 20 Thoughts College Students Have During Finals

The ultimate list and gif guide to a college student's brain during finals.

131
winter

Thanksgiving break is over and Christmas is just around the corner and that means, for most college students, one hellish thing — finals week. It's the one time of year in which the library becomes over populated and mental breakdowns are most frequent. There is no way to avoid it or a cure for the pain that it brings. All we can do is hunker down with our books, order some Dominos, and pray that it will all be over soon. Luckily, we are not alone in this suffering. To prove it, here are just a few of the many deranged thoughts that go through a college student's mind during finals week.

Keep Reading...Show less
Student Life

28 Daily Thoughts of College Students

"I want to thank Google, Wikipedia, and whoever else invented copy and paste. Thank you."

1483
group of people sitting on bench near trees duting daytime

I know every college student has daily thoughts throughout their day. Whether you're walking on campus or attending class, we always have thoughts running a mile a minute through our heads. We may be wondering why we even showed up to class because we'd rather be sleeping, or when the professor announces that we have a test and you have an immediate panic attack.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments