Paul Mason interviewed by Malise Rosbech Capitalism is on its last legs. According to the British journalist, writer and activist, Paul Mason, capitalism develops in cycles of 50 years. For Mason, the 2008 financial crisis was the abrupt end to capitalism’s fourth wave and we are now in the fifth and final wave. Like Marx, Mason claims that capitalism will collapse under the weight of its own internal contradictions – postcapitalism has already begun. But it is neither the left or the proletariat which is the engine of socio-economic transformation; rather, it is information technology and the networked individual.