English, asked by abhijeetpatil05856, 4 months ago

the term late capitalism is used by ___

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Answered by Itzpuru

2

Answer:

Late capitalism, or late-stage capitalism, is a term first used in print by German economist Werner Sombart around the turn of the 20th century. Mandel suggested that important qualitative changes occurred within the capitalist system during and after World War II and that there are limits to capitalist development.

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