" In other words, however much devaluation of capital may devastate the individual capitalist in periods of crisis, they are a safety valve for the capitalist class as a whole. For the system devaluation of capital is a means of prolonging its life span, of defusing the dangers that threaten to explode the entire mechanism. The individual is thus sacrificed in the interest of the species.” However, since the share of the value-creating variable capital has shrunk, the same tendency that has staved off breakdown goes on to reproduce it. “A capital that fails to fulfil its function of valorisation ceases to be capital; hence its devaluation.”[117 "

― , Socialism or Extinction: Climate, Automation and War in the Final Capitalist Breakdown