It seems to me the only pertinent question is: cui bono? It is clear that the size of the privileged strata as a percentage of the whole has grown significantly under historical capitalism. And for these people, the world they know is better on the whole than any their earlier counterparts knew.
Immanuel WallersteinOn the one hand, there has been a remarkable expansion of the total production and productivity of food production, and on the other hand an extraordinarily skewed distribution system, substituting medium-run threats for short-term threats for the majority of the world's population, particularly the 50 to 80 percent at the bottom.
Immanuel WallersteinThe employment rates are in very bad shape. We vastly underestimate the unemployment
Immanuel WallersteinProduction for sale in a market in which the object is to realize the maximum profit is the essential feature of a capitalist world-economy. In such a system production is constantly expanded as long as further production is profitable, and men constantly innovate new ways of producing things that will expand the profit margin.
Immanuel WallersteinThe real threat to U.S. military power is nuclear proliferation, because if every little country has nuclear weapons it becomes very tricky for the United States to engage in military action.
Immanuel Wallerstein