Late capitalism is when life’s exteriors to capital become nearly impossible to find.

Evidence

Our context, which we might term “late capitalism” following the Marxist theorist Ernest Mandel, is a moment in which everything begins to appear as capital and social forces previously beyond the boundaries of capital appear as part of production. “Late capitalism” refers not to a period approaching the end of capitalism but the moment in which possible exteriors of capital seem difficult to identify. … “Subsumed under capital the workers become components of these social formations,” Marx says in the “Results of the Immediate Process of Production,” his unfinished chapter of Capital, “but these social formations do not belong to them and so rise up against them as the forms of capital itself, as if they belonged to capital, as if they arose from it and were integrated within it.” — Grant Bollmer, Katherine Guinness, The Influencer Factory, 52

Categorization

  • DEFINE: Defines Mandel’s ‘late capitalism’ as loss of exteriors, not temporal ending — a key distinction for the Corpocene argument.
  • XREF: connects to: Capitalism now annexes life processes beyond labor, which orthodox labor-centered Marxism cannot explain. — Nick Couldry & Ulises A. Mejias, The Costs of Connection: How Data Is…, 143; Capitalism remains imaginable even in imagined apocalypse. — Mark Fisher, Capitalist Realism: Is There No…, 8