There was so much bested interest in feudalism, and just go read up on how that turned out. All these different tricks the ruling class uses do kick the can down the road, but you can't do that indefinitely. The reality is that the mechanics of capitalism ensure that wealth flows to the top, and the working majority becomes increasingly immiserated. We are rapidly approaching a point where the workers simply afford to make a living. There is growing domestic unrest all across western nations now, and it's only going to grow. As Lenin put it, every society is three hot meals away from chaos.

If a system is working as designed, and the way it's designed to work is at odds with applying technology in a way that benefits society, then the system is the problem. It's very obvious this is what he's saying, and I don't know why it's so difficult for you to acknowledge this fact.