[leonardp]

There is a foundational theoretical text in materialist philosophy that predicts exactly this happening. It was written in 1867. When reading articles like this I sometimes feel like the only thing we can learn from history is that we do not learn from history.

[zadler]

Das Kapital?

[ThaJay]

I think it's a bit more complicated. We just arrived a little while ago in late-stage capitalism (around 2007 I reckon?), so now looking forward it's either revolution or back to feudalism.

[cmrdporcupine]

Ernest Mandel's "Late Capitalism" was published in 1975 (the year after I was born), to describe his present period.