Umair Haque is good. (article in Medium)
But he has very little about cause. He stresses the feedback between poverty and lack of investment in social goods which leads to more poverty. I think he is mostly right (but the US remains more dynamic and unknown than he describes).
So the causes and what to do are not getting enough attention.
The West became, with the breakdown of feudalism, materialistic as society shifted to craft, trade, colonialism, empires.
The French Revolution tried, but failed, to increase distribution and participation.
Coal and oil gave a boost to the manufacturing commercial society.
Capitalism is a parallel system to democracy as the way to distribute resources, but capitalism in every transaction tends to take a house cut as in roulette, and becomes over time more powerful and able to buy the remnants of the democratic system.
In fact the American Revolution was in many ways a counter revolution, aimed at restoring property to the center of the political process. We are in a period which can be seen as an incomplete French Revolution during which elites have been struggling to reestablish the old society. The result has been wars, colonialism, poverty and the corruption of earth and of society. Representative democracy gave the power to those who chose the representatives the rest of us are allowed to vote for.
Neither capitalism nor democracy are positioned to govern the whole. An old argument for monarchy was that it was the only system where leadership was interested in every aspect f the kingdom. Perhaps china can with its elite at the top and democracy at the bottom deal with whole system issues.
We have whole-system problems: population, climate, inequality, but no whole-systems management. Creating such would be an amazing contribution. The 1648 Treaty created competing nations.
Individualism was married to consumerism and society came to believe, through the media that self fulfillment was found in shopping (Adam Curtis).
Consumerism broke the community, the family, social caring. People are isolated. And the despair is terrible and paralyzing. We are in a period which can be seen as an incomplete French Revolution during which elites have been struggling to reestablish the old society. The result has been wars, colonialism, poverty and the corruption of earth and of society and people have neither wealth nor democracy nor family.
The Democrats moved from representing (somewhat) the working class to representing the professional class. Nobody represents the people. The Republicans moved from representing private property and business to outsiderdom where the votes are.
The question now is, what to do?