The Decadence of Capitalism in the 1970s

The 1970s is when capitalism as a mode of production reaches its real barrier. The only way to actually confront that and overcome it is not going into the realm of ideas but instead coming down to earth, says Peter Thiel. Both Graber and Thiel have this very particular conception of how social change happens  as opposed to what is the correct way to understand it which is fundamentally the mode of production and its class relations.