The unabated “creative destruction” of one kind of capital after another has only further increased the wealth of a few and done nothing to emancipate the overall collective creative spirit, which has remained stagnant. Today, almost every artistic effort inevitably (perhaps unknowingly) reinscribes the values of the ruling capitalist class.
To have a "standpoint" means to be able to not only experience the harms of a social or political system, but to recognize the ways in which that system interacts with one's identity. While "lived experience" can be personal and reasonably unreflective, standpoint epistemology is a position of knowing "earned" through intentional analysis.