The employment rates are in very bad shape. We vastly underestimate the unemployment

The basic question that the 'new science' raises for our balance sheet is the issue of what scientific questions have not been asked for 500 years, which scientific risks have not been pursued. It raises the question of who has decided what scientific risks were worth taking, and what have been the consequences in terms of the power structures of the world.

The world system is coming to the structural crisis

The very concept of universal formal education is a product (and a relatively late product) of the capitalist world-economy.

Scientific culture created a framework within which individual mobility was possible without threatening hierarchical work-force allocation. On the contrary, meritocracy reinforced hierarchy. Finally, meritocracy as an operation and scientific culture as an ideology created veils that hindered perception of the underlying operations of historical capitalism.

I am suggesting that there is, and always has been, a rather high correlation between ethnicity and occupation/economic role throughout the various time-space zones of historical capitalism.

This argument has been codified in the twentieth century as meritocracy, in which those on top in the process of capitalist accumulation have merited their position.