Fabian Scheidler, author of The End of the Megamachine. A Brief History of a Failing Civilization (https://www.megamaschine.org/en/), discusses why capitalism is in terminal crisis due to its continuous growth model. Why he classifies human civilization as a failing civilization. How capitalism will likely not go through a sudden collapse but rather transition into something else. How crises such a climate change and coronavirus continue to break capitalism. The role of neoliberalism in accelerating capitalism’s collapse. Capitalism’s reliance on 70% of the world being cheap labour. The role of regime change and debt in keeping nations poor.
GVS Deep Dive Saudi Arabia just secured two of the most powerful assets in modern geopolitics: the U.S. F-35 stealth fighter and tens of thousands of Nvidia’s most advanced AI chips. Washington hoped this would pull Riyadh firmly back into the American orbit. But the outcome is something neither side fully expected: Mohammad bin Salman outplayed both Washington and Beijing — and used the great-power rivalry to his advantage.
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