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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.
Rather than a simple description of capitalism as an economic model, Das Kapital instead examines capitalism as a historical epoch and a mode of production, and seeks to trace its origins, development, and decline. Marx argues that capitalism is a form of economic organization which has arisen and developed in a specific historical context, and ...
However, there are themes within the work that raise fundamental questions about its equity, efficiency and longevity, notably its long-term use of fossil fuels and the problems of sustainability that face humanity now; the damaging effects of imperialism; and the danger of government and public interest being stymied by the strong private ...
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.
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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.
Indeed, a major source of objection to a free economy is precisely that it does this task so well. It gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself. ” — Milton Friedman (1912 – 2006) Capitalism and Freedom , 1962
"What we've seen in the last couple of years is that we've hit a tipping point and the global free market system is increasingly challenged by state capitalism," Bremmer says.