How Late-Stage Capitalism Produces a World of Permanent Crisis

Today, we’re living through what often feels like a constant stream of disruptions, from wars, economic instability, the climate change, and even loneliness and a loss of meaning and purpose in life. In an article for For Pol India, political analyst Manishankar Prasad argues that these crises are not isolated but intertwined and due to late-stage capitalism. So, in this episode, we speak to Manishankar about how these overlapping crises may be a structural feature of neoliberal capitalism, driven by inequality, financialization, and the concentration of power in the hands of the elites. They also examine how automation and AI, rather than liberating people, often displace workers and deepen insecurity, contributing to a broader loss of meaning, and so much more.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.