and will eventually give way to systems that are better focused on social equality.
That’s one part that I’m not convinced about. I think it can and will happen in isolation, but whether it is stable in the long term and spreads to other countries is another.
One thing that I notice with the communist/socialism gang is that they often simultaneously have faith in the good of mankind and condemn all pro-capitalists and western politicians as evil. Reality is more nuanced, of course.
Anyway, I expect it will be the most robust political and economic systems that will survive and prosper. There are many big challenges (eg. climate change & competition for limited resources), as well as intentionally thrown spanners. Often it has been, and no doubt will continue to be, those who wield the biggest sticks that get to dictate or influence the rules.
My personal hope is that China walks peacefully forward toward a healthy form of socialism and is able to lead the world by example. I have my doubts, of course.