Gen Z HEATED over “Late Stage Capitalism”

Late stage capitalism is a term that has picked up some momentum recently - but is there any merit to this trendy new phrase, or is Gen Z triggered for no reason? What even is Late Stage Capitalism? Today we dive into the term that's been lighting up my quiet quitting comment section. r/latestagecapitalism is a subreddit dedicated to this economic trend. At the base of this term, it seems as though many Gen Z and millenial people are frustrated with the direction of the economy. Wages are stagnant, some companies are predatory, and consumer debt is crushing everyone. Student loans, home loans, and credit card debt are all growing. Job opportunities don't look too enticing to many people, either. But what do you think? Is Gen Z right about this? Is our current capitalist system broken beyond repair? Or is this just whining with no real truth behind it? Let me know in the comments, below.