There's no hope of revolution, imo, only economic and social collapse. The current system has always been unsustainable, in every way, and it was only a matter of time before the whole thing came crashing down. The time for revolution has passed, for now, as late capitalism has reached such ponderous proportions that the least perturbations now have global repercussions. Food and essential services security, already stretched to the limit, could collapse virtually overnight in bankrupt states. There have long been excellent political and ethical reasons to revolt, indeed for the last two centuries, but people don't get beyond hype for political or ethical reasons, only over empty bellies. The Keynesian Revolution put paid to a political one, and the next world war will be one mainly of attrition. No nation can avoid overall collapse, whenever it sets in, because they're all mutually dependent.

I would not view on such occasions Squeers as the Collapse of the Nation State to be wholly a bad thing, Inevitable as you have said, but I cannot see the total annihilation of civilized society other than that which has forced itself upon society; Maybe it would be a good Idea to introduce the Darwinian theory of evolution and the survival of the fittest, be it the Natural order of things at this point;
We cannot undo the political crimes that the State has conducted over the many years with their social experiments and the manipulation of society , we simply cannot change that ; but that does not equate to individual peoples in society in causality to close their eyes and minds and perish along with the Nation State ; That simply will not happen ; but a massive great opportunity to rebuild society based on facts hitting home some ethical truths and some self responsibility - through the typical social interaction and natural attrition ; after all , that is how societies prosper and grow before Governments and Parasites plunder it.

The twentieth century has brought much prosperity to people and they realise what it is to achieve it ; and not even the most hardened despot can change that fact. And never will

All our finance system is in absolute chaos.This is not going to change from the top down.The elites want to maintain their powers of owning our increases in productivity via their debt money creation system.That is the basis of their power which must be ended.The revolution does not have to be violent.We need proper constitutions to protect the people from their Govts and large Corporates.

Pericles the debt is ficticious because they are stealing from the people via inflation (ie counterfeiting)and demanding it be repaid with interest.They have kept corrupt socialists Govts in debt for years using this process.The excess money they make ends up in worthless derivatives and they starve the real economy of cash flow.

Don't think that it won't happen here.The only thing saving us is the mining boom and the Labor Party are hell bent on the carbon tax and destroying that industry.What is happening in Spain is that house values have plummeted and the banks forclose with many still being in debt when the house is sold.When the market is flooded with no buyers the small banks are then in trouble but the Central Banks who create money from nothing buy up assests for cents on the dollar.

If the US Fed whom our Banks borrow from,raise rates,then our banks will do likewise.Unemployment is the big factor for people to be able to service their debt.

I'm not saying that all debt is bad.Private Banks should only loan out the money they have in their accounts.They will still make profits but not enormous ones.You don't need gold to back your currency.Just a good constitution that limits Govts from creating too much of it.It is really quite easy.3% growth means a 3% increase in the money supply.Govts would have to borrow and our taxes would far less.The income tax act only came into existance in the USA in 1914, one year after JP Morgan and Rockefeller instigated the Federal Reserve.That tax was there to service debt to private banks because the US Govt then had to borrow the peoples' productivity into existance.

per ridicules...quote..""If it is fictitious""

you should realise by now
that the banks create credit

tell us what better word to use
when govts bailout bankers
by lending the credit
from those..they are bailing out

its simple..so give us a name
for bankers getting leverage..by others signing
[taking over,*their..[the nbankers]..bad debt

debt...is an instrument of leverage
used by bankers to leverage the debt onto 'others'

MATE THE BANKS ARE BUST
how can govt lend the bailout from them?

""why would it be a problem""

is because OUR BAILING THEM OUT
only delays thenm EVENTUALLY going bust

but till then..its govts NOW re-paying
credit they GAVE..to the banks

its theft
worse its odious debt*

govt cant bailout capitalists
unless capitalists are giving them the cash for the bailout

and to 'give' their bailout
when banks are nothing to do with govt
is bailing out the rich...who then steal assets
water/power/banks..schools...army land..forrests ports
all at risk..for what..to impoverish the people further

""...And to whom?""

who gets the advantage
should bear the FULL burden
either let capitalists CHOSE to bail themselves out
or wakeup that capitalists steal govt authority..by odious debt terms

govts are in trouble
because YOU DIDNT REALISE
the system you love..failed long ago

from 2002..bailout got us to
2008 bailout

got us to where italy
now owes 2 TRILLION euro's
spain is more

greece near 800 BILLION debt
ireland..usa..mate...your to clever to try to act the fool

""It's like imagining that 9/11
was orchestrated by the US government.""

nop it wernt usa govt
it was dick cheney/bush/blackwater..mossad
all doing their 'bit'..[treason]

just like the debt treason[odious debt]..govt has signed off to

""Doesn't stand the simple test of "how?"...""

how is govt underwrote garbage
ratings agencies called garbage...*AAA+

how come not one..of your mates in in jail"
govts too busy..trying to raise more tax grabs..!
[austerity measures]

impoverishing the middle class upstarts
back into traditional peon/poverty

There exist a number of floors in that argument O U G; but the obvious argument is in the Keynesian Paradigm;
And when any Government standing on their soap box sprouting garbage about bailing out Banks; The Banks are the secondary inflationary measure the central Banking mechanism uses to launder more fiat money, when the printing presses are in overdrive;
Thus the endless CREDIT; well not for long.
It is simple how they do it; Central Bank cheque system; Central bank write a cheque for a nominal amount; let’s say $1000.00, Banking system credits that to their account and returns the cheque back to the reserve bank – The banks then lend that 1000.00 out to business with a six times amount ratio- they now lend out 6000.00 dollars, and collect the interest and profit, then pay back the reserve bank the amounts received;
Literally money from nothing
Banks come undone when the Redeeming factor is not in range, because of the Fed Checking system – If people had gone to redeem their money deposited in the banks, the Banks can not cover it because they have exceeded their asset stock ratio– so bailing out means – Yes, Print more money.

Government is responsible and their Monopoly of Printing Money , and then Central bank Cheque system ; Creating wealth out of pure nothing ,The Omniscient State ; And that is where we are at.

Where as in the Free Market economy, banks would never venture into ridicules or stupid decisions because of the strict accountability;then other Ethical standards.

And you should see how these political morons account for Inflation ; Be it 30 odd % understated.

All,

while I agree with you in some particulars, I see free market ideology as nothing more, ultimately and if it were realised, than a kind of neo-feudalism. A free-market system in which capitalists, utterly unconstrained, merely create an alternative dystopia to the current one.