Which -ism will come after capitalism??

Question

I'm curious to know when the period of capitalism will end and what will come afterwards?

Answer 1

Unless there is a big reform on the way, I'd say that it will be something like "Global Corperationalisim".

Answer 2

Marxism...all over again. Communism isn't dead it just got a new named called socialism or liberalism. People, can voting for the treasure for themselves and the economy loses fiscal cohesion. We can already see this in many Western countries and how much bigger the social programs are. The slow economic growth of Europe is but the beginning. South Africa an apartheid capitalist system, while inequitable it produced wealth. If you look at Johannesburg today they have finally achieved equality...everyone is poor. Why? Because the poorer people always covet what the rich have and since they are more numerous they take it through violent revolution or the vote. After Marxism comes tribalism, fascism, and Islamism. Civilization only lasts so long because a prosperous people become lazy and apathetic and they lose their virtue...ala Rome. Good bye Civilization...hello dark ages.

Answer 3

Your question implies we are living in an age that can be adequately labeled 'capitalist'. I would disagree with this assumption.

Capitalism is a economic system that ultimately is nothing more than the free exchange of property. This of course, of necessity, presupposes property rights. The less secure these rights are, the more innacurate it would be to label this as capitalist.

Theoretically, there has never been a 'free market' on a large scale. In regards to US history, the 18th and 19th century were periods when the federal government and the states were least interventionist. That is, they did not coercively mandate [force] people to make or not to make economic exchanges that they otherwise would not voluntarily have made.

During that time, as would be expected, the greatest prosperity that mankind has ever known took place.

This age has passed, and if there is to ever be an age of 'capitalism,' it was then.

Without going too much into how and why, the fact is, that era has been and still is being systematically eroded.

The means by which this process takes place is nothing new

Thee state [government] being an enitity that is by definition a compulsory territorial monopolist of ultimate juristiction, has the power to benefit at the expense of it's subjects, without care to violation of their rights. It can, [due to it's nature as a coercive monopolist], systematically exploit those whom are within it's territorial monopoly through the process of taxation [the primary mode initially, but soon enough will switch also to inflationary methods].

To expand this tax base, and control vital resources outside it's territory, governments often engage in war. This is called imperialism.

There is of course a constant war between those who seek the powers of government. The less control you have in government, the greater the chance you will be exploited by those who do have that power. Therefore, there is competition to get into office.

To win this competition you have to dupe voters into believing that you will give them more in return for their vote than the man running on the other ticket. Mencken, rightly called this the advanced auction of stolen goods. Naturally, propaganda plays the role of making you think your decision it ethical and of necessity, otherwise the other guy [depicted as satan] will get in office ruin the country.

Once elected, those in government engage in what is called protectionism. They protect certain industries and business interests from competition. In return, these industries lavishly reward the politicians. This is called politics. Mussolini called this arrangment Corporatism.

Even those indiviuals who claim to do things in the 'public interest' or for the 'general welfare' cannot. Nor do they have the right. People submit to this idea because they don't understand how else it could be.

Government is the one entity on the market that does not produce anything. It's only revenue comes through coercive extraction of it's subjects. It can only benefit some at the expense of others, something it has no more right to do than you or I.

This means it either taxes its subjects, or it simply 'prints out' the money it needs, artifically expanding the money supply through the process of monetary inflation. It can can get away with this because it has already has passed legal tender laws, meaning you no longer have the right to use any other kind of currency, and it has a monopoly on the mint, meaning it is the only one who can mint the money.

With a coercive monopoly such as this, which it also has on national defense, [and virtually every industry overtime] it can systematically lower the quality of it's product or service, while simultaneously raising the price for this good. This is in it's interest, so for it not to engage in this, would be extremely unlikely. And even if it attempted not to, it's impossible to know how exploited the population would remain, since, there is no competition in the services due to the monopoly the state holds. There are no results to compare.

Capitalism and a 'free market economy' is predicated upon free and sound money, something we have not had since the passing of the federal reserve act in 1913. Without a sound commodity [gold and silver for example] money, and without free banking [rather than a fascist cartel which we have had for nearly a century], a 'free market' is simply a mirage.

In conclusion, we live a mixed economy. That is, one that is neither 'free market capitalism' nor totalitarian socialism. We're half way between.

The italian fascists praised their system as a compromise between 19th century liberalism [libertarianism/individualism] and all out communism.

What will come next no one knows. It depends what people choose to do. The world reflects the ideas it is based upon.

Most probably a form of centralized world fascism. This will culminate until it implodes in on itself taking with it perhaps hundreds of millions of lives.

Naturally states expand, through a process called regionalization. Then these blocks will merge.

It will all fail however, given an inumerable amount of inexorable laws that are contrary to what state planners believe and base their decisions on.

To understand these issues, one must read the literature that has been written by members of what is called the Austrian School of Economics.

The preeminent members of this school are senior faculty of the Ludwig von Mises institute. Their website is ;

mises.org

Answer 4

Informationism. As the need for capital moves to the need for information (intellectual capital). The liquidity of information will become the key driver of the global economy.

Answer 5

Islamism

Answer 6

Overcompensation. Oh wait, that's not an -ism. ;)

Answer 7

There will be no -ism.
Humanity will go straight back to the stone age.

Answer 8

socialism

Answer 9

i think the first is better``

Answer 10

rationalism