Capitalism has outlived itself, we will need to build a new Human system — based on Nature’s laws!
Opinion from the Internet on capitalism:
“That desire for wealth is called Capitalism where each person can strive to improve their position. God Bless Capitalism.
I started poor and became wealthy. I always knew I would be wealth because I have hustled my whole life, even as a child who sold worms, picked up bottles, trained and sold parakeets to talk. I got a real job as soon as I could drive and I saved all my life !”
You are right, classical capitalism fits most our inherently self-serving, individualistic, competitive nature.
The problem is with the “extra ingredient” only Human beings have: the ”ego” which enjoys success, competition at the expense of others. We gain more satisfaction from gaining at other’s expense than pure profit obtained without competition.
Moreover the problem with the “American Dream” is that “infinite profit, infinite opportunities” works only in a system that has no physical limitations.
But our Natural world has such limitations, moreover we evolved into such an integrated, interdependent system, where everything we take above our natural necessities, we by default have to take it from others, depleting Nature’s resources.
Thus Capitalism, as it evolved, distorted itself, it ventured very far from is classical promises, from “infinite, equal opportunities” as today it is much more difficult to enter the upper “1%” or even “10%”. Through “aggregate demand” - forcing everybody to consume way beyond necessities, to become indebted bring any ability to repay all the debt - the masses are made slaves to capitalism.
And when crisis comes, it is the markets and the financial systems that are saved, sacrificing the people in the altar if the almighty dollar.
This system is totally unnatural and in a world that is bound by Nature’s strict laws sustaining the balance and homeostasis life depends on, this system has no right to exist and will collapse.
There is nothing we can do about this, the trillions of dollars of bailout, rescue packages are like blood transfusion to a dead body. This process of terminal decline is already ongoing.
Capitalism will not be replaced by socialism or Communism as we know it. It will be replaced by an unprecedented, purposefully, methodically built new Human system, that will be built on Nature’s integral template through the right upbringing, education.