Friday, April 23, 2021



                                

                  capitalism will self-destruct and destroy the world
                                                           ****

a kind of bitterness at a fading american dream has settled in and agitated popular consciousness. capitalism has become increasingly a disappointment, a sign of system decline. yet the government, via the two-party oligopoly, has single-mindedly supported capitalism. the parties differ partly and only on how best to do that. as decline proceeds, despite the parties’ efforts to stop it, building frustration eventually boils over. efforts become extreme and thereby worsen rather than solve the problem. self-destruction is a sign of advanced system decline. because the signs of us capitalism’s decline are denied or misunderstood, they lead individuals and groups often to resort to frustrated, misguided, and desperate acts. they are blind to the structural problem of an economic system no longer capable of dealing with its contradictions.

thus the decline accelerates, like a train rushing down a track toward a stone wall. most of its conductors and passengers either see no signs or else note them but without connecting them to their basic problem: being on a moving train on track to hit a stone wall.                                                                                                                                       richard d. wolff                                                                                  

 

 

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