Will global Capitalism survive till 2100?

[Laika]

The question is simple enough: will global Capitalism survive till the year 2100?

I have tried to make the poll answers a bit open, leaving the alternatives to capitalism unspecified (so you can read into them how you want) and giving options for how well or badly you think we may be doing with whatever system we have. I also realise people have different interpretations of what capitalism is, so your welcome to bring that up as well.

Please discuss.

 

[Raahim]

It's really hard to imagine other system in global space beside capitalism, it (far as I'm aware) already is struggling so until some new ("better") system is created I think we'll have to be satisfied with capitalism.

 

[Vouthon]

I think we will still have a market economy and private property in 2100 but I personally don't see the present order of "neo-liberal" capitalism enduring. I think it is already in the process of unravelling.

Trickle-down theories have created an economy heavily slanted towards the interests of the monied elites of global finance. Unfettered capitalism has made people intensely self-centered. The law of competition and the survival of the fittest, that's the "gospel" today.

I don't think it's sustainable. But the market economy and private property, definitely, those will be there in 2100.

 

[beenherebeforeagain]

I voted other: there will be some capitalism, but the trend we are on is to a new feudalism...and I think I'm being optimistic

 

[Revoltingest]

It will survive & thrive.
I guarantee it.

 

[YmirGF]

The only way to control a global economy is through a central government. Given that nations are not keen on giving up their sovereignty just yet any other systems would be difficult to make it off the ground. Plus, it's not like capitalism is going to die without a long and messy fight, contrary to what those tilting towards the left would like to believe.

It will survive & thrive.
I guarantee it.

Go figure. We agree. Nasty 1%-ers

Let the infidel dogs eat cake!!!

 

[Revoltingest]

The only way to control a global economy is through a central government. Given that nations are not keen on giving up their sovereignty just yet any other systems would be difficult to make it off the ground. Plus, it's not like capitalism is going to die without a long and messy fight, contrary to what those tilting towards the left would like to believe.

Go figure. We agree. Nasty 1%-ers

I wonder what alternative would be possible?
Socialism exists only in theory, since socialists don't admit to any socialist countries existing, except for capitalist countries in Scandinavia.
Maybe we'll have a "machines as parents" economy, wherein we humans simply enjoy ourselves, while automation provides our every want.
(Let's hope the machines don't go on strike, eh.)

 

[Shadow Wolf]

It will still be around, but I think it will struggle to adapt to the technology we'll have by then. We already live in information-based society that is already leaking into the economy, and we are looking at 84 years into the future, and by then it will probably be more apparent that Capitalism is not suited for a computer/automated/information based society, and is a detriment to technological developments, and no longer suitable for providing people with their needs. But considering one of the last witch hunts was recent enough to have happened on American soil, I think the influence of Capitalism will be around for at least a few centuries longer before that god is slain.

 

[Laika]

Voted "yes but capitalism will struggle". At the moment, even with a great deal of problems that are being created, I am not seeing a huge number of "practical" and systematic alternatives available. Proposals for small reforms come and go but it remains capitalist. Communism was the big one and I strongly suspect any future alternative will have to be at least in part based on what worked in the USSR etc. China may be an interesting model for capitalism being used by commies but that's a strange one.
I am admittedly pessimistic about what will replace it but I am hopeful we will come up with something in time. I'm not sure what though and suspect it will take at least several decades for something to go from the drawing board to actually being operational. So maybe it will be a bit after 2100.

 

[Augustus]

Given that it has been around for 200-400 or so years (depending on how people want to define capitalism), the Lindy effect says that it will probably be around in 100 more.

I voted 'can't predict' though because it is tough making predictions, particularly about the future.

Maybe capitalism will thrive, and the time will come around again that companies can declare war on recalcitrant 'backwards' governments who mess with their business and emerging countries will once again copy their flags from the insignia of colonial trading companies

Perhaps things will be pretty much as they are now,.

Or perhaps capitalism will eat itself and we'll see a rise in neo-Fascism/communism/theocracy/etc.

I wouldn't be too surprised to see some of the latter emerging in Europe pre-2100 (I'd go with neo-fascism if I were having a bet. And I mean actual fascism, not the non-fascist 'fascism' of a Trump). I wouldn't be too surprised if it didn't happen though either.

I think I'll ensconce myself firmly on the fence.

 

[metis]

Capitalism hasn't survived-- all countries that have a free-enterprise system now have what economists call a "mixed economy"-- a mixture of capitalism and socialism with varying degrees of each.

 

[Walter Russell]

The question is simple enough: will global Capitalism survive till the year 2100?

I have tried to make the poll answers a bit open, leaving the alternatives to capitalism unspecified (so you can read into them how you want) and giving options for how well or badly you think we may be doing with whatever system we have. I also realise people have different interpretations of what capitalism is, so your welcome to bring that up as well.

Please discuss.

I don't believe so. Crony Capitalism is killing it.

 

[vaguelyhumanoid]

I hope not. But probably it will survive as the ruling system over most of the globe, just not unchallenged.

 

[Father Heathen]

There will always be capitalism as long as humans have wants and needs along with a willingness to barter for them.

 

[Shadow Wolf]

There will always be capitalism as long as humans have wants and needs along with a willingness to barter for them.

People probably also said that about Rome, the Church as the head of power, and other excuses and reasons people have come up with for controlling and dominating others.

 

[Father Heathen]

People probably also said that about Rome, the Church as the head of power, and other excuses and reasons people have come up with for controlling and dominating others.

Rome specifically is gone, but not the concept of nations in general. Also, If I offered to trade my copy of game X for your copy of game Y, are either of us trying to control or dominate the other? A system can be exploited, manipulated, abused, etc. but that doesn't make the basic concept inherently bad.

 

[Father Heathen]

Capitalism hasn't survived-- all countries that have a free-enterprise system now have what economists call a "mixed economy"-- a mixture of capitalism and socialism with varying degrees of each.

The systems can co-exist in my opinion, because one is better for some things than the other, and vice versa.

 

[Shadow Wolf]

Rome specifically is gone, but not the concept of nations in general. Also, If I offered to trade my copy of game X for your copy of game Y, are either of us trying to control or dominate the other? A system can be exploited, manipulated, abused, etc. but that doesn't make the basic concept inherently bad.

Trading game x for game y is more bartering than capitalism, and more equitable as we both mutually decide what our own possessions are worth rather than having someone else tell us what they are worth.
And, nations as we know them seem to be on the way out. Before too much longer, we won't be nations, but member-states of larger organizations.

 

[Revoltingest]

Trading game x for game y is more bartering than capitalism, and more equitable as we both mutually decide what our own possessions are worth rather than having someone else tell us what they are worth.

If people are allowed the freedom of small scale bartering, before you know it, some
budding capitalist running dog (call her Jill) will start a repair service for games x & y.
Jill will set prices, forcing customers to pay up or go elsewhere.
Go Jill !!

 

[metis]

The systems can co-exist in my opinion, because one is better for some things than the other, and vice versa.

Not only can they co-exist, but logically they should in varying degrees because the weakness of one tends to be the strength of the other.

For example, unbridled socialism is too inefficient, and unbridled capitalism is too unstable.