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"You'll own nothing and you'll be happy" (alternatively "You'll own nothing and be happy") is a phrase from 2018 predictions for 2030 published by the World Economic Forum (WEF), [1] cited as being based on input from members of the World Economic Forum Global Futures Councils, likely in turn based on a 2016 article in which Danish Social Democrat Ida Auken outlines her vision of the future. [2]
Capitalism may even be identical with the restraint, or at least a rational tempering, of this irrational impulse. But capitalism is identical with the pursuit of profit, and forever renewed profit, by means of continuous, rational, capitalistic enterprise. For it must be so: in a wholly capitalistic order of society, an individual capitalistic ...
Capitalism may even be identical with the restraint, or at least a rational tempering, of this irrational impulse. But capitalism is identical with the pursuit of profit, and forever renewed profit, by means of continuous, rational, capitalistic enterprise. For it must be so: in a wholly capitalistic order of society, an individual capitalistic ...
CNN Opinion’s Bethany Cianciolo spoke with Ruchir Sharma about how capitalism has become increasingly distorted, and why true capitalism is still the best economic system.
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Now the remarkable fact is not how much the government does to control economic activity-tariff legislation, pure-food laws, utility and railroad regulations, minimum-wage regulations, fair-labor-practive acts, social security, price ceilings and floors, public works, national defense, national and local taxation, police protection and judicial redress, zoning ordinances, municipal water or ...
Capitalist realism is inherently anti-utopian, as it holds that no matter the flaws or externalities, capitalism is the only possible means of operation. Neoliberalism conversely glorifies capitalism by portraying it as providing the means necessary to pursue and achieve near-utopian socioeconomic conditions.
Though the terms "capitalism" and "socialism" are still generally used to describe the past and the future forms of society, they conceal rather than elucidate the nature of the transition through which we are passing.