this post was submitted on 13 May 2024
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[–] GrouchyGrouse@hexbear.net 4 points 8 months ago

Probably something along the lines of the next depression (they'll call it a recession in the news but it will be a depression) completely collapsing the speculative finance and tech sectors. Without these last 2 rotten legs to stand on the US production crisis will be magnified to extremes.

Neoliberalism is wholly incapable of solving this kind of crisis. The shockwaves from this implosion will radiate outward causing the most peripheral elements of hegemonic control to start to unravel. This will feed back into the system further destabilizing the core and more core-adjacent countries and markets. Once the US empire is weakened alternative economies will be attempted and their success or failure will no longer depend on how much of Uncle Sam's boot is on their necks. There will be a lot of failures. But there will be more "freedom of movement" so to speak. Successful alternatives will inspire others to follow their example but tailored to their unique circumstances.

Essentially an end to capitalist realism will allow people to try new things and socialism will emerge as the most powerful alternative to capitalism.