When exactly did capitalism "outlive its usefulness"? I totally agree with
you that the application of capitalism to certain fields of endeavor- such as
politics, healthcare, or innovation (copyright, patents, etc.)- is a
disastrous failure on the behalf of the people to uphold the liberties we
were granted. whether by choice or by ignorance. "Nice capitalism" is even
worse- deciding to discard individual liberties in favor of businesses being
"socially responsible" is destined to be a problem.
However, I don't see why pure socialism or pure anarchy are the only options.
As far as I can tell, capitalism still does a wonderful job at producing
innovation, *but* only when it's controlled. The problem seems to be less
with the system and more with how it's applied to the very system that stops
it from breaking down. When mega-corporations can buy their way out of
legislative attacks on their power, they do so. If we can control the outlets
available to them for cheaply maximizing profits, however, then (in theory)
they should stop trying to find loopholes and start doing something of value.
Maybe I'm wrong- I often am- but, with democracy cleaned up, citizens should
be able to avoid being left at the feet of the CEOs regardless. In any case,
I don't think it even needs to be said we can all agree the current system
needs a significant overhaul.
Also, I agree this belongs in the Troll Hole.
