It is estimated that the value in terms of average wages in the US is less than what it was back in the 1960s - a half century ago. This has led to a huge rise in poverty and polarization of wealth into the hands of the tiny social elite.
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It is absurd, but deeply revealing, how the Western corporate media refuse to hold any views or discussions about capitalism and its abhorrent impact of poverty and warmongering.
As former German revolutionary Rosa Luxemburg once said, we face a stark choice between the present barbarism under capitalism or creating a new democratic, viable world under socialism.
A first step would be for the Western public to begin talking and thinking openly about the destructive irrationality of capitalism.
That is what Western politicians and the rich elite, including their media mouthpieces, are most in fear of. They fear that moment when the vast majority of people will start to shout out "the emperor has no clothes!"