Capitalism has been working so far because the economy has been growing, so even if you are poor right now and someone is filthy rich, you are still guaranteed to be better off in the not-so-distant future. However, the world’s growth is slowly stagnating, and already has stagnated or even reversed in many developed nations. That spells doom for anyone who was not able to climb out of the economic pit. Living in a stagnant world ruled over by a handful of oligarchs for the rest of eternity, or until the next economic boom (unlikely) is not a pretty prospect.