he kind of gets a little wonky about it, but is more or less saying what i am, except buying into the false narrative around it.
if capital is mobile and labour is not, then workers are in a...
prisoner's dilemma.
ah.
if they defect, they screw each other over, which is what we've been doing to each other for decades - playing (D,D) or (D)^n, in more generality.
but, if they co-operate, they're both better off, in the long run, and that's what the enlightened academics need to try to get in place.
does that mean that if you let it go then fascism is inevitable? no - because the fascism is artificial, and pushed down from the top. rather, if you pulled the rug out from under it, the fascism would falter, because that's what it's there for in the first place.
and, because the fascism is artificial and pushed down from the top (read gramsci.), if you try to clamp down on it, the more the elite is going to react and double down. so, top down regulation cannot be an answer. it's like asking a lion to be a vegetarian. it's never worked before and it's not going to work now.
the choice we have, then, is between an international working movement and between a system of financialization ("globalization") that uses fascism ("nationalism") to perpetuate itself.
or, as was said in the past: we can have socialism or barbarism.
https://theanalysis.news/interviews/restructure-capitalism-or-fascism-will-grow/