this post was submitted on 17 Sep 2024
428 points (92.0% liked)
Memes
45665 readers
1055 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
You guys have been predicting the collapse of capitalism for like 150 years. At some point you have to admit that your theory was wrong and go back to the drawing board. This is just sad.
Capitalism has been struggling with the problem of collapse, and in fact it did from pretty early on in that history you mention, with Italy, Germany, Japan, Spain, and so on. The problem isn't just going to go away, because a system that needs infinite expansion in a finite world necessarily will collapse. It can sometimes "innovate" its way into having more time, and modern imperialism is just such an example of that innovation, pushing much of the poverty capitalism demands into the third world, but that just changes the specific circumstances of the problem rather than eliminating it. The US as we speak is continuously losing its grip on its hegemony as the imperial periphery and semi-periphery develop sovereignty. History will not end.