| RolStoppable said: Maybe. But capitalism has proved to be more sustainable than socialism. It seems clear that neither extreme will work in the long term, so various concessions like in modern social democratic capitalism are better solutions. The inherent problem of these current systems is that the really rich can buy politicians which leads to an increase in the divide between the rich and poor. Should the gap become too wide, the usual solution will trigger: The poor will overthrow the rich and lock them up or kill them to start fresh. |
The advantage of capitalism right now is the much longer phase of development it has experienced over socialism. There will probably be many more failures in socialism before it becomes successful.
In some sense, both the mainstream "left and right" are reactionary in their solutions, both digging up economic theories from the past in order to try to solve the problems of today. That's really the challenge with social democracy right now. Governments are becoming bloated, people are losing faith in the government and media, we're seeing the rise of radical ideologies again and there's a lack of solutions. The rise of groups like the alt-right I think helps to illustrate that we are leaving an era of stability and into one of crisis.
Will the system be able to offer new concessions or will it snap? Who knows.
