The downfall of capitalism will not come from the uprising of an impoverished working class but from the sabotage of a bored upper class. This was the view of the Austrian economist Joseph Schumpeter in 1942. Schumpeter believed that at some point in the future, an educated elite would have nothing left to struggle for and will instead start to struggle against the very system that they themselves live in.
Nothing makes me think Schumpeter was right like the contemporary climate movement and its acolytes. The Green movement is not a reflection of planetary crisis as so many in media and culture like to depict it, but rather, a crisis of meaning for the affluent.
