I am not posting this piece because I think it provides precise insights on our current social-economic and war disasters, but because it is broadly accurate and requires urgent action by the 99%. It is a liberal interpretation of crucial world events produced by an academic who consciously or unconsciously provides a more bland analysis of world events in order to keep his job or to enhance his career prospects. For example, he uses concepts like "social reproduction" to cover over unpleasant realities that you and I face--loss of pensions, loss of homes, huge debts, loss of jobs, standing in line at food banks, etc.
And there are many other parts of his analysis that I would interpret quite differently. However, I really don't have the time or interest to do so. What is important is his main conclusion with which I agree:
Global elites are confused, reactive, and sinking into the quagmire of their own making. It is noteworthy that those struggling around the world have been shown a strong sense of solidarity and are in communications across whole continents. ...As global elites regroup and assess the new conjuncture and the threat of mass global revolution, they will - and have already begun to - organise coordinated mass repression, new wars and interventions, and mechanisms and projects of co-optation in their efforts to restore hegemony.