Post
Topic
Board Politics & Society
Re: I can nearly pinpoint when American Capitalism started to die
by
AnonyMint
on 05/01/2014, 07:55:24 UTC
Free market capitalism is a ridiculous concept, even Hayek agreed that markets tend towards monopoly and oligopoly...

I agree with some of what you wrote, but the quoted sentence is incorrect.

We don't have the ideal of free market capitalism due to the power vacuum of the collective aka. democracy. Instead we have adopted all planks of the Communist Manifesto and ramped up debt to 200 year highs.

It would be an unachievable ideal if I didn't have a proposal for how to eliminate the power vacuum.

Thus people don't have the correct education because they were incentivized by debt to do otherwise. So they can't adjust to the new technological opportunities such as creating the designs for 3d printings in this new coming virtual manufacturing economy.

Read the following thread (from the linked post forward to the end) for the explanations of all above:

https://bitcointalk.org/index.php?topic=365141.msg4245737#msg4245737