“Defeated” implies being stopped by an external force, I don’t see that happening.

It will collapse under it’s own weight in less than a century.

My hope would be that we can transition peacefully to a hybrid model with the rising power of unions, gradual emergence of worker cooperatives, and increased demand for socialized health care and affordable housing.

However, I think it’s more likely that things will have to collapse first. Especially with violent accelerationist types doing their thing. Unfortunately, it’s far easier to destroy systems than it is to repair them.