ADELAIDE - My article, We the People, described how ruling elites, with rare exceptions, fail utterly to recognise or understand the paradigm shifts that lead to their demise.
Even if the elites do see the emerging danger, they invariably think that the usual mechanisms of suppression - subversion, persuasion, coercion and violence - will work in their favour.
This is how the seemingly all-powerful Tsarist regime in Russia lumbered almost blindly into the 1917 revolution – a disaster instigated by a very tiny group of Bolsheviks bent upon communist revolution.
Or, much later, in 1991, how the seemingly mighty empire that was the USSR could collapse almost overnight.
Sadly, it seems the USA is now stumbling towards its demise as the reigning global supreme leader.
And, in a bizarre twist of fate, it is a president bent upon putting America First in all things who will be the principal architect of its fall.
The ridiculous but deeply ignorant and dangerous Donald Trump represents a clear and present danger to not just to the USA but to the rest of the so-called free world.
He along with almost all members of his class cannot see that neo-liberal capitalism is now in mortal jeopardy of annihilating itself in an orgy of so-called creative destruction.
The signs of this are obvious. There is the emergence of gross disparities in wealth and power, accompanied by the absurd inflation of asset prices across the globe.
This has been funded by the ‘free’ money provided by the world's central banks which are now hopelessly in thrall to the markets they purport to regulate.
And of course it would be remiss not to mention catastrophic human induced climate change, the first effects of which are becoming manifest to all but those whose ideological blindness precludes insight or understanding.
All these things reflect the growing malaise lying at the dark heart of neo-liberal capitalism.
The risk of unforeseen and unmanageable disaster - whether socio-political, environmental, economic or all of these simultaneously - is growing exponentially, but the enthusiasts for global capitalism either ignore this or downplay its significance.
Unhappily, as the USA and the global system it has promoted so vigorously begin to fail, we will all be cast adrift in a world filled with new uncertainties.
Papua New Guinea, as a tiny and vulnerable nation in a world full of predators, whether state actors or corporations, will in time feel the loss of America's once important moral authority.
The emboldened autocrats in China, Russia and many other places will extend their power and reach to the detriment of those, like PNG, whose misfortune it is to be in their way.
PNG will become mere collateral damage in the seemingly endless struggle for power, control and wealth that has bedevilled our species since time immemorial.
This is a bleak vision, but history tells us that such visions can easily become reality.
The much harder task is to foresee such eventualities and then take steps to either prevent them occurring or mitigate the risks involved.
Right now, I see no sign whatsoever that those in power either foresee such risks or have any inclination to take prudent steps to mitigate them.