We are already facing growing catastrophes due to climate change. It is too late to avoid soaring temperatures, scarce water, and extreme weather. Th… - John Bellamy Foster

To say that capitalism is a failed system is not, of course, to suggest that its breakdown and disintegration is imminent. It does, however, mean that it has passed from being a historically necessary and creative system at its inception to being a historically unnecessary and destructive one in the present century.

The mass media-propaganda system, part of the larger corporate matrix, is now merging into a -based propaganda system that is more porous and seemingly anarchic, but more universal and more than ever favoring money and power. Utilizing modern marketing and surveillance techniques, which now dominate all digital interactions, vested interests are able to tailor their messages, largely unchecked, to individuals and their s, creating concerns about “fake news” on all sides. Numerous business entities promising technological manipulation of voters in countries across the world have now surfaced, auctioning off their services to the highest bidders. The elimination of net neutrality in the United States means further concentration, , and control over the entire Internet by monopolistic .

Less than two decades into the twenty-first century, it is evident that capitalism has failed as a social system. The world is mired in , , and the most extreme inequality in , accompanied by mass unemployment and , , poverty, hunger, wasted output and lives, and what at this point can only be called a planetary ecological “death spiral.” The , the greatest technological advance of our time, has rapidly mutated from a promise of free communication and liberated production into new means of surveillance, control, and displacement of the working population. The institutions of liberal democracy are at the point of collapse, while fascism, the rear guard of the capitalist system, is again on the march, along with patriarchy, racism, imperialism, and war.