Chris Hedges on America entering the “Trump Phase” of late capitalism
On the one hand, it’s the end of capitalism. On the other hand, it’s taking us out with it.
[Caption: a gifset of Chris Hedges at a podium saying, “The final stages of capitalism, Karl Marx predicted, would be marked by global capital being unable to expand and generate profits at former levels. Capitalists would begin to consume the government, along with the physical and social structures that sustain them. Democracy, social welfare, electoral participation, the common good, and investment in public transportation, roads, bridges, utilities, industry, education, healthcare, and the protection of the ecosystem would be sacrificed to feed the mania of short-term profit. These assaults would destroy the host. And this is the stage of late capitalism that Trump represents.”]
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