Yes, yet it doesn't identify the root cause of the rot of this current system though, which is the complete commoditization and monopolization of science and technology.

If you are working class and you live in the global south today, your life is often already a living hell because of this [1]. This flavor of hell will slowly 'trickle up' to the north as more and more spaces of the commons are plundered through imperialism, increasing inequality while more and more members of the working class become alienated.

[1] https://anthempress.com/kicking-away-the-ladder-pb