Well, I cannot claim authorship: the book is by Ben Hunt, so I'll copy the query to him. (Incidentally, one authority Hunt cites is... Doug Henwood.)
To use a venerable idiom capitalism in its decadent phase is undoubtedly more destructive than in its dynamic phase (bearing in mind that dynamism and destruction are not wholly exclusive).
Hunt's telling examples are of the decline in R&D, which is most definitely a bad thing. I think Yoshie's contribution on Capital's failure to export capital -even unevenly - is a good example, too. -- James Heartfield
http://www.heartfield.demon.co.uk/james1.htm