Ben Reynolds discusses his book The Coming Revolution: Capitalism in the 21st Century.
(Stream / download audio at bottom of page)
Radical advances in automation, robotics, and computer technology have thrown millions out of work and will only continue to do so in the years to come. At the same time, cheap, individually-accessible machines will wrestle for primacy with both advanced, highly-automated factories and sweatshops alike, ultimately eroding the dominance of industrial production. Economic growth is slowing down, and it is not going to speed up again. The pressures fueling today’s global unrest will not go away and are only going to get worse as wages stagnate, solid employment becomes harder to find, and cuts to social benefits continue. Competing radical and reactionary ideologies will clash as political consensus crumbles and the world searches for answers to these challenges.
In its opening decades, the 21st will be a century of war and revolution. By the end of the 21st century, capitalism may be consigned to the history books. Despite the seeming darkness of our era, our future is filled with incredible possibilities. A world of freedom, beauty, and abundance, where poverty and tyranny are merely distant memories for our grandchildren, is possible.
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