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user-inactivated · 3605 days ago · link · · parent · post: David M. Kotz, “The Rise and Fall of Neoliberal Capitalism”
when has capitalism ever retreated, except locally and conditionally in response to reduced labor supply or fixed capital destruction resulting from a world war or epidemic plague? globalism has reduced even these possibilities, and they were never anything but dire. i don't expect there will be a "fall" without some serious mass struggle, and the organization to wage that just doesn't exist.