If enough people feel left out of the economic gains of capitalism, and they vote for Venezuela-style socialism, or just go for violent revolution, that could easily be a crisis of capitalism.
Your last paragraph is interesting. It has an element of truth, especially for other countries. In the history of the US, though, it seems to me that more benefits were given to those below when we worried about competition from Communism, and that the rise in inequality at least somewhat coincides with the fall of the Berlin Wall.
Your last paragraph is interesting. It has an element of truth, especially for other countries. In the history of the US, though, it seems to me that more benefits were given to those below when we worried about competition from Communism, and that the rise in inequality at least somewhat coincides with the fall of the Berlin Wall.