@djc i haven't caught it as generational argot, maybe "late capitalism" is a bit late-gen-x-ey / early millennial.

the broad capitalism gripe seems kind of a mirror image of (multgenerational) lazy reversion to accusations ones rivals are "communists", making "communism" (or "marxists" or "cultural marxists") a bogeyman for problems from different quarters.

anyway, this kind of dead-man-farting rhetorical reflex strikes me as the inevitable decadence provoked by conditions of late capitalism.