The author looks at the current crises and the way capitalist authorities frame their coverage of these events as a kind of road show which attempts to distract us from any real understanding. But there are problems with "The Capitalist Follies"--it is lacking in credibility. It is becoming a kind of "Theatre of the Absurd".
These world shaking events make it difficult for these Capitalists to disguise their true agenda. During the California budget crisis, should they cut funding for the sick and the poor? Yes, should they raise taxes on oil companies? No, should they cut funding for education? Yes, should they raise taxes on yacht owners? No, of course not and these events are all perfectly understandable when you pull back the curtain of the Capitalist follies. To the Capitalist every event is an opportunity to make money and take more away from you. If you live near water they'll sell you flood insurance. If there is no flood they will profit by it and if there is a flood they will claim that it was the storm and not the flood which caused your damage. Then they will raise the insurance rates because of the recent flood.