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.
Capitalism only exists for like 500 years. In some places of the world it did not fully develop until the 20th century. It is very young.
Are you confusing capitalism with class society in general? Yes, class society exists since the neolithic revolution. Those economic systems had barely anything in common with capitalism though. Even medieval feudalism is very different.
And yes, late stage capitalism is a term. It was coined by Lenin in his book about Imperialism. You might not agree with the term but that doesn't mean it is not real.
I think it is very obvious that 20th and 21st century monopoly capitalism is qualitatively different to 18th and 19th century free market capitalism.
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I would be reluctant to say that capitalism, as we have had after the industrial revolution, has existed in the same form for thousands of years. That just seems silly.
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