3 choices

Simply put, under the present system of money and property, it is generally to the individual producer's advantage to produce as much as possible to take advantage of economies of scale
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The hallmark of industry.

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Yet when every producer does this the result is overproduction and hence falling profits.
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Falling wages, bankruptcies, concentration of ownership, unemployment, and finally, to complete the vicious circle, falling demand.

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Marx foresaw it all culminating in a revolution, when the misery entailed in the above trends became unbearable to enough people.

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Faced with this possibility, capitalistic society is driven by an organic imperative to postpone—hopefully indefinitely—the frightening denouement predicted by Marx.

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One way to do this is to limit production (for example by raising interest rates or through a command economy);

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Another is to incinerate overproduction through warfare;

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A third is to find "new markets" through technology or imperialism.

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The first cannot work because, most fundamentally, it is inimical to our money system and its demand for endless growth, and thus sparks the very deflationary crisis it means to avoid.

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The second option works just fine, but requires an endless intensification that came to an end with the advent of thermonuclear weapons.

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The continual state of war that exists today is insufficient to absorb an exponential increase in production.
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That leaves us with the third option.

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The imminent and inevitable revolution that Marx predicted has not come about, principally because technology has constantly created fresh new markets.

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Each time, a new industry starts off with a vibrant pandemonium of myriad competing firms, providing new jobs, new wealth, new opportunities for entrepreneurship.

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Eventually, firms fail or merge, profit levels fall, and layoffs set in, but by this time some new sector of the economy has emerged to take up the slack.

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Marx's analysis thus appears to be quite accurate in describing the evolution of a particular industry
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But inapplicable to the economy as a whole as long as there are always new technologies, new industries, and new markets.
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How long can this go on no one knows, however it now looks as if we are pretty close
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Charles Eisenstein
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That we are getting signs that say we are close is also true
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Maybe one or two more false hurrahs before it all comes unglued.
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Amazing how everything focuses on fixing the current rotten system.
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Seldom a word about trying to replace it with something better.
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Feels a bit like sitting on the Titanic...................except you know you are about to hit that iceberg.