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The End of Capitalism: The Demand-Evaporation Model

Nemoto, Ryusho
PhilArchive · Papers
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philosophy
This paper explores the structural contradictions of late capitalism, focusing on the progressive evaporation of demand as a critical factor leading to systemic decline. The analysis highlights how overproduction, financialization, and inequality collectively erode the foundations of consumer demand. As demand evaporates, capitalism loses its capacity for self-renewal, ultimately signaling its own end. The study aims to provide a theoretical framework for understanding this terminal phase of capitalism, while opening avenues for alternative socio-economic models beyond the current system.
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