Economic Escalation

I'm positive that the current capitalist system will collapse on
itself in the future (near or otherwise). People are working harder and
harder, and employment is reduced in a bid to improve efficiency. To
maintain employment, people would have to work for less pay (which
encourages further exploitation of the working population). Moreover,
employers will be inclined to work their employees harder if they wish to
remain competitive. Monetary flows keep the economy running, and slacking
off would have disastrous effects, not counting cyclical fluctuations. I
would think that the future would be very interesting indeed.