Future Capitalism

The free market's bright future

Contrary to the views of Marxist activists such as Joti Brar, Capitalism is changing for the good. The ugly, greedy version of this system is giving way to a new, communitarian capitalism argues Paul Collier. 

 

Over the past 40 years, capitalism has derailed, degenerating into greed. Fortunately, the ideas that drove that derailment are at last being discredited. We are living at the turning of the tide - a moment of intellectual inflection as the mantras of individualism are being displaced.

They are being replaced by a recognition of the value of community. The Tyranny of Merit, (2020), by Michael Sandel, the world’s foremost moral philosopher, introduces the concept of ‘contributive justice’ – linking fairness to the mutuality of obligations. The Upswing (2020), by Robert Putnam, the world’s foremost sociologist, links the rise of communitarian thinking during the first have of the 20th Centur

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Mark Barnes 18 June 2021

Community is incredibly important for the survival of anything that we have built up. nothing can come from greed including business and capitalism. The basis of capitalism is helping others so that you can also be helped. A raising tide raises all ships! We at <a href="https://www.garagerepairlancaster.com/">Garage Repair</a> know this a practice it daily.

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Leo Ramses 14 April 2021

Let me just say it again, I think it is bad for growth. It is bad for social stability, and it is bad for equality of chances, or equality of opportunity.
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Connor Rolan 14 April 2021

The kind of impact that capitalism has on your life depends on whether you’re a worker or a boss. For someone who owns a company and employs other workers, capitalism may make sense: The more profits your company brings in, the more resources you have to share with your workers, which theoretically improves everyone’s standard of living.
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Richard_1 12 January 2021

This would be nice but I do not see pressure from young woke grads transforming an economic system that has ravaged the planet for centuries.