4 ms·
Oh come on, I don't think highly of the "late stage capitalism" theory but even I know this one. The answer is Feudalism (as the goal: ownership class cemented
by jjoonathan 3y ago
Oh come on, I don't think highly of the "late stage capitalism" theory but even I know this one. The answer is Feudalism (as the goal: ownership class cemented into a hereditary nobility that doesn't just own the means of production but also the monopoly on violence), with a more likely short-term next stage of Fascism (a democracy will go populist when it feels the jaws closing in, and fascism is the flavor of populism that is compatible with the class interest of the wealthy).
I don't think much of Marxist class-apocalypse narratives because we've been here before and the correct answer was negotiated settlement rather than feudalism, fascism, or socialism. Roosevelts, not Hitlers or Stalins. We've figured it out before, we can figure it out again. The only thing to fear is fear itself.
Denying the existence of the argument or the problem that inspired it is just silly, though.