Comment by grafmax
9 hours ago
These crises are occurring right now so I don’t think it will take multiple generations. The rise of neo-fascism, the climate crisis, and the escalating warmongering toward China - a nuclear power - should be seen as symptoms of a system breaking down because it prioritizes profit over people. Intensification of capitalism’s worst tendencies is the capitalist’s last stand. It’s either going to end in mass destruction or people throwing off their chains.
This is very much what professor Richard Wolff is saying.
What you're witnessing down is the systemic failure and breakdown of a system (capitalism) that is completely out of control and ultimately starts to attack the very institutions that enable it in its greedy search for "growth" (i.e. producing more wealth for the already wealthy).
The system will eventually collapse.
Recommended video, an interview with Prof Wolff
https://www.youtube.com/watch?v=GeWiKOEkfj8