Comment by gchamonlive
1 day ago
Sorry to break it to you but we are past end game since possibly the dot-com bubble.
"Cannot work well" and "cannot get started" are two different things. The whole of Latin America apart from Cuba is capitalist, for better or worse, regardless of how bad those countries keep their books.
If De Soto is correct, and I am not qualified to judge, based on your statement about land ownership in Brazil, then capitalism was not fully developed to where it could have been. Get the book. It's an interesting read.
And yes I can see that we are at the end of an era. This may be more the end of the U.S. empire than the elimination of capitalism, but for sure a new 'ism" is going to be required soon. What that is will be interesting to see. It would be nice to see someone with imagination come along instead the bipolar options we are handed today.