"The United States’ attempt to prolong the life of capitalism over the last century went through its phase of jeopardy during the Long Boom, where it was endangered by circumstances arising from a world of popular empowerment whose leading edge was Communism. It then entered its phase of futility under neoliberalism, as neoliberal policies failed to revive capitalism’s productive economy, financialising it instead and the capitalist world, led by the leading neoliberal countries, lost its centrality to the world economy. With the pandemic followed by the proxy war against Russia and the New Cold War against China, it appears to have entered a phase of perversity, where its efforts to extend capitalism’s life and hold on the world are proving counterproductive."