Paul Mason argues in his new book that the long term prospects for capitalism are bleak. The OECD says growth in the developed world will be "weak" for the next 50 years. And even in the developing world the "current dynamism" is expected to be exhausted by 2060.
So, Mason suggests, for the developed world the best of capitalism is behind us. For the rest "it will be over in our lifetime."
So what will happen?
The global elite might cling on. Or the consensus might break with all sorts of concomitant conflict.
Mason for part poses an alternative It involves saving globalisation by ditching neo-liberalism and saving the planet by moving beyond capitalism itself.
Hence his book is called POST CAPITALISM: A GUIDE TO OUR FUTURE. It is published by Penguin and costs £9.99 It's well worth a read.