With all due respect to socialists -- I have to say, I hate the term "late capitalism". Mostly because it implies that capitalism is in its dying stage and that there's no next step for it. It's a loaded phrase, just like "pro-life" (instead of "anti-abortion") or "family values" (instead of "homophobia"). In fact, is the word "late" even fit to describe things that aren't dead already?
And if that prediction happens to be wrong, what will the next stage be called? "Even later capitalism"?