A job advertisement celebrating sleep deprivation? That’s late capitalism. Free-wheeling Coachella outfits that somehow all look the same and cost thousands of dollars? Also late capitalism. Same goes for this wifi-connected $400 juicer that does no better than human hands, Pepsi’s advertisement featuring Kendall Jenner, United Airlines’ forcible removal of a seated passenger who just wanted to go home, and the glorious debacle that was the Fyre Festival. The phrase—ominous, academic, despairing, sarcastic—has suddenly started showing up everywhere.
This publication has used “late capitalism” roughly two dozen times in recent years, describing everything from freakishly oversized turkeys to double-decker armrests for steerage-class plane seats. The New Yorker is likewise enamored of it, invoking it in discussions of Bernie Sanders and fancy lettuces, among other things. There is a wildly popular, year-old Reddit community devoted to it, as well as a Facebook page, a Tumblr, and a lively Twitter hashtag. Google search interest in its has more than doubled in the past year.