In the past, concessions would be given to workers to stave off talk of revolution. Think of the new deal, etc.
These days, whether through incompetence or ideological intent (the end result is the same so the distinction doesn’t matter much to me), the ruling class just will not allow any pumping of the brakes, any tiny release valve to stop the pressure building.
I find it a fascinating phenomenon that they are incapable of doing something positive for society, even to save their own skin. It baffles me, especially considering how successful it has been in the past.
I definitely feel this when it comes to climate change specifically
I have an increasingly hard time imagining this timeline going anywhere else than ecofascism. Maybe that will lead to a socialist revolution sometimes in the future but before that happens things are going to get really bad.