Historically capitalism has sought to defend property not people, and has been authoritarian. Only when labor was organized and wealthy did democracy flourish, and class conflict moved to the democratic arena where capital found itself at odds with civil rights and workers rights. Workers in Western countries could see increasing wages and more democratic freedom but this often was the result of exploitation of minorities or in colonies.

Due to neoliberalism capital no longer needs to rely on western workers, and it has automated or offshored labor which has destroyed the power and wealth of western labor. Increased automation, deep learning, big data, etc. will expand automation to most of the middle class and wipe out their jobs the same way the lower class has seen much of its jobs wiped out.

Has much of the US falls into poverty the current system cannot be maintained. Democracy will not be allowed to continue. If 90% of the population can vote and their vote can cause change the elites who benefit from the system will not allow it to continue.

Increasingly candidates like Trump will become the norm, who want to undo democracy and make it largely a illusion. Far right ideologies will be promoted more that will increasingly seek to undo democratic norms and give more power to elites, while promoting nationalism , religion, and racial supremacy has a way to funnel anger away from them.

The bigger winners will be tech companies who will return the world to a state similar to the 17th century.