Quote from: PedroLinh on September 28, 2017, 11:15:57 AM

Capitalism works by maximizing profits by means of automation but in the process destroys the value of the products it produces. The danger is in capitalism ability to self disintegrate without ability get itself together on it's own and thus make societies descend into perpetual pessimism. Capitalism is a flawed system, but all other systems are even more flawed. Are we doomed? I think not. The solution will come from technological advancements - as always

Could you expand more on this?

Especially on the emphasized part? I don't understand how capitalism "destroys the value of the products it produces". What do you mean by this? Further, you say that capitalism is prone to disintegration but we have capitalistic societies successfully existing for many hundred years already (say, in Britain). So it is not clear either what you mean by this. And what about "descending into perpetual pessimism"? This sounds particularly interesting despite being sort of pessimistic. Care to explain?