Immanuel Wallerstein suggests that capitalism will collapse in approximately fifty years and be replaced by a global socialist system.

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Immanuel Wallerstein, a sociologist known for his world-systems theory, speculated that capitalism might face a crisis leading to its collapse within the next few decades, potentially giving way to a different system, possibly socialism.

Immanuel Wallerstein Suggests That Capitalism Will Collapse in Approximately Fifty