Structural Crisis from Structural Crisis by Weltgeist

Capitalism started in Europe 500 years ago.
Like all social systems it came into being and will go out of being.
The crisis of overproduction in 1971 brought on a decline of real production.

Financialization spreads to make up for lost growth.
Social safety nets annihilated and organized labor brought to its knees.
The ‘socialist world’ disintegrates.

Times of uncertainty.
Pandemics.
Financial busts
Ethnic violence.

Centrist liberalism dethroned, rise of the populist far-right in the wake of the bankruptcy of neoliberalism.
Rise of the horizontalist left through the world-social social forum and the Zapatista movement.
The left fragments back into old debates between horizontalism and verticalism.

Bifurcation of the social order.
Intrinsic unpredictability.
Humanity decides not if capitalism will be replaced, but by what.

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