He may be right, but it will be extremely painful getting to that point. My greatest fear is the things humans will do in response to that pain. I suspect that's what will actually make him wrong. Capitalism in theory SHOULD be making life better and cheaper over time. The problem is that we live in a distorted and perverted reality that is robbing us all of those gains. We won't get to enjoy the benefits equally just as we don't get to now. It's all unnatural right now. If it had been free markets, we all would have naturally progressed together toward his vision. Instead, it's a two tiered system and the divide is growing.