Fabian Scheidler, author of The End of the Megamachine. A Brief History of a Failing Civilization (https://www.megamaschine.org/en/), discusses why capitalism is in terminal crisis due to its continuous growth model. Why he classifies human civilization as a failing civilization. How capitalism will likely not go through a sudden collapse but rather transition into something else. How crises such a climate change and coronavirus continue to break capitalism. The role of neoliberalism in accelerating capitalism’s collapse. Capitalism’s reliance on 70% of the world being cheap labour. The role of regime change and debt in keeping nations poor.
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