Rosa Luxembourg looked at the world situation and said “It’s socialism or barbarism!” Today Michael Hudson claims that our choice is “Civilization or Barbarism”.
By civilization he could mean either industrial capitalism or industrial socialism on one hand or barbarism on the other. By barbarism he means the control of finance capitalism, war and austerity for the masses. As one example of barbarism Hudson points out that an increasingly desperate United States used the war in Ukraine to bankrupt European competition to its power.
Read Michal Hudson