The Final Phase: Capitalism’s Shift from Expansion to Exclusion

The Deeper Thinking Podcast

For those tracing the quiet collapse of growth—and the rise of economic control.

For centuries, capitalism has evaded collapse—not by solving its crises, but by shifting form. From industrial labor to financialization, from markets to metadata, it has always found new terrain to extract from. But what happens when the system runs out of space to grow? When adaptation gives way to entrenchment—and expansion becomes exclusion?

This episode explores capitalism’s transformation into a system of control. Drawing on economic critique, climate realities, and emerging post-work theory, we examine how capitalism is becoming less about productivity—and more about containment. As automation displaces labor and climate destabilizes economies, power is shifting toward those who own not factories, but the conditions of survival: water, land, energy, and data.

We are no longer watching capitalism evolve. We are watching it solidify into an architecture of exclusion—defined not by opportunity, but by access. This is no longer a system that lifts. It sorts, encloses, and controls. The question is no longer: how do we thrive within it? But: what comes after?

Reflections

This episode invites listeners to see past the illusion of continuous growth. It’s a reflection on what capitalism becomes when growth is no longer possible—and what that means for our future.

Here are some reflections that surfaced along the way:

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Capitalism was built on expansion. Now that expansion is no longer possible, what comes next?

#LateCapitalism #SurveillanceCapitalism #MarkFisher #NaomiKlein #ShoshanaZuboff #ClimateCollapse #Automation #Neoliberalism #DeeperThinkingPodcast #PostWorkEconomy #EconomicExclusion #SystemicInequality