• Bedandsofa [he/him]
    ·
    edit-2
    4 years ago

    The US is declining, but moreover what you're seeing is capitalism worldwide sliding from one crisis to the next without the ability to lift itself out of the spiral. Last year, before covid and the economic meltdown, you already had revolutions or near-revolutions taking place across the world: Chile, Haiti, Colombia, Lebanon, Iraq, Iran, France, Puerto Rico, Sudan, Algeria, Catalan, Ecuador, and more.

    Quite a few of these were triggered by the austerity policies the capitalists were using to pull themselves out of (on the backs of the working class) both a generalized crisis of overproduction and falling profit, and the last major spike in that trend, the historic crash in 2008 that has now been overshadowed just 12 years later. In many places--the middle east, Africa, South America--austerity is coming on top of capitalism's perpetual failure to produce livable conditions for huge numbers of people.

    The ruling class truly have no solution for the economic woes besides debt spending-->more austerity, but those economic solutions only lead to political crises. It's hard to see how things will stabilize short of overthrowing capitalism.

    • Bread_In_Baltimore [he/him]
      ·
      4 years ago

      They are going to try to clamp down through fascism. I think new fascism will rely more heavily on propaganda than old fascism but it will still be physically repressive.