At the Beginning of a Long Road: the Decline of Capitalism, Nostalgia and Hope in the 21st Century

In the 2008 crisis, government subventions were used to fight it – urging consumers to purchase cars and property – but the price of the temporarily recovery was rising state debt with no control. The decline of the core of capitalism, the US economy, will drag in the whole world. By deploying all of its anti-crisis tools accumulated over its history, the by now ‘outworn capitalism’ is not able to curb its serious diseases. We cannot expect a simple replacement of the unipolar world with an effective multipolar one but a very lasting decline. Barbarism is marching on the streets but the suppressed are also preparing to rise up.