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Where Capitalism gets things wrong

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Whether you love it or hate it, Capitalism is the main socio-political system around the world, with the exception of China, North Korea Cuba and Vietnam. It has become the system of choice after the communist and socialist systems that followed the feudal systems that came before it had failed, and/or were overthrown in favor of capitalism. There are some countries, such as the Nordic ones that sit left of the defacto capitalist system by offering improved social services, and less inequality.  By incentivizing mass production and consumption, capitalism encourages innovation, which is a major positive, but at the same time it also increases stress in society, especially at the lower tiers, as well as causing major pollution for the Earth's ecosystems. It increases the over quality of life for the people that live within it, but by in large mainly benefits those that sit at the top of the totem-pole, the corporate executives. Capitalism's main mantra is growth , and that growt...

Capitalism and Socialism, the Ying and Yang of Economic and political theory

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W atching the current state of Capitalism, with the ever increasing amount of wealth going to the top 1% of billionaires, while more and more people are pushed into poverty,  and  while the middle-class is finding it increasingly difficult to afford a house, even with a lifetime of mortgage, I'm convinced that there will be an imminent collapse. Some of you may be skeptical, but hear me out. While it's difficult to accurately pinpoint when that may happen, nature has shown that unbalanced systems do not last very long, and the forces that bring it back to equilibrium are often swift and violent. We live on planet with finite natural resources, which have been decimated to the point where not just species, but entire ecosystems are collapsing, and the amount of CO 2 pushed into the atmosphere is causing fires and storms to grow larger and larger.  We've also as of 2020 hit another deadly enemy with COVID-19. Not only has this highlighted the fragility of the current syste...