This paragraph might be the key for the article and to the solution of the crisis:

"...Indeed, Piketty argues that our “obsession with growth” merely “serves as an excuse for not doing anything about health, about education, or about redistribution.” And it is an obsession rooted very much in the present. “We forget that for centuries growth was essentially zero,” he writes. “One percent real growth means doubling the size of your economy every 30 or 35 years.”..."

Our obsession with quantitative growth is both unnatural and it is unsustainable in a closed, finite system.

We have reached saturation by now, that is why we are in a system failure not in a crisis. The previous exploitative, competitive growth system depleted both the human resources, and the natural resources. Whether slow growth is the cause of inequality or inequality is the cause of slow growth is theoretical, the problem is the stubborn obsession with quantitative growth itself.

This whole paradigm is based on totally unnecessary, artificially inseminated desires for products we do not need for normal human life.

This unnatural and artificial system is breaking down now, bringing with itself huge waves of unemployment as all the industries, companies producing above necessity goods will go out of business.

Either way humanity will return to a necessity and resource based economy as we do not have a choice, we are part of this vast natural system around us we are not above it, if we want to develop further, our development has to become quantitative, adapting to the conditions around us, using what we already have in a mutually responsible and considerate way in our modern global, interdependent human network.

This planet can sustain much more people than we have today provided we learn how to use it in a natural way.