
Capitalism’s Last Stand: Deglobalization in the Age of Austerity — The Debt Illusion
Welcome to Crisis in Perception, where we examine the systems shaping our world.
Author: Walden Bello
This episode explores Capitalism’s Last Stand by Walden Bello as a systems-level analysis of how overproduction, wage stagnation, globalization, and financialization influence behavior, belief, and institutional outcomes.
By focusing on incentive architecture rather than personalities or events, the episode shows why these systems persist — and how they connect to larger economic, political, and cultural structures.
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👉 https://youtu.be/BDZivoqJu0g
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The skinny
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