> late-stage internet capitalism
This isn't a thing.
Capitalism is just capitalism.
I don't know. Certainly the underlying mechanisms of capitalism remain the same, but it does not hurt to clarify the context that it exists within. The world is very different today, than say the 1960's, but the "rules" were the same. Capitalism has been accelerated a lot by the rise of information technology, specifically the internet, and today it is a whole different beast with unique "opportunities" and consequences.
I think the differentiating feature is that capitalism used to be tethered to producing things that were useful. The current model of wealth acquisition, so called "late-stage" seems to have shifted more towards rent seeking and extraction.
The only things that's true now is that there's more laxity around consolidation of power in big business. The core tenets of capitalism haven't changed in thousands of years.
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