When do you predict that Capitalism will fall?

Answer 1

I can't say that capitalism will never fall, mainly because I cannot predict what will happen in the future. I believe that if capitalism WERE to fall, as improbable as it may seem at this point, it would be after a huge catastrophic event. This is perhaps best demonstrated during the time in which capitalism was at its worst: the Great Depression. When capitalism failed, it failed horribly, and the cries for socialism or communism were never louder. And although our understanding of economics has allowed us to prevent depressions that severe, we can never eliminate the possibility of another economic catastrophe, especially with the US trade deficit in its current shape.

However, assuming the trend maintains itself, capitalism will be around for a LONG time. One observation that all economists agree on is the Great Moderation. The Great Moderation refers to the moderation in the volatility of our economy, and our increasing ability to limit business cycles. This is obviously a good thing as our recessions have become further apart and lower in severity. I think it's also apparent that capitalism has led to a substantial increase in standards of living across the world. If one can't see this in America (which would be odd if you couldn't), then one would be able to see it in Asia where many countries are now enjoying huge growth as they pull themselves out of poverty. There is no doubt in my mind that capitalism has clearly stood out as the best economic system.

There's also the issue that the US is closer to a communist system than a capitalist system. This just isn't true. Although we aren't purely capitalist (as no economy is), we are definitely closer to it than we are to a communist system. Although some industries are heavily regulated, the majority are not. Just taking a look at the difference between each family's income shows how far away we are from communism.

Answer 2

Marx believed that there are several stages and capitalism will fall and then communism will be the best political ideology out there.

the thing is capitalism will only fall if something better comes in an takes it place. TAHOE REALTOR is partially right, capitalism has been around, but not in a government form. the government always tried to get gold and never used the money to make more money, just kind of sit on their stash of gold (this is called mercantism). then Britain came in and mercantism fell apart and capitalism came in its place. there right now is really no way capitalism would fall because everyone wants more money, and thats the idea of capitalism, take your extra money to make more money.
certain kinds of capitalism probably will fall. laizze faire capitalism has been replaced slowly by mixed type of capitalism

i've studied Economics 101 and Political Economics
and (as the person mentioned above) pure capitalism does not exist...but she is wrong in the date because pure capitalism never existed much in this country. we always had taxes or embargoes which contradicts capitalism, but the U.S still is a type of capitalist, just not a pure one.
again i have to disagree with Giggly Giraffe above because most Ph.D in economics agree that the U.S falls under a more capitalistic country compared to the socialist spectrum (former soviet union is heavy on the socialist side, Netherlands is more in the middle and the U.S is more on the capitalistic side)

OH, and one final note, (again about what Giggly Giraffe said) COMMUNISM is a political theory....you can't compare communism with capitalism because capitalism is a Economic theory. you can compare capitalism and socialism, but not communism
Giggly Giraffe is confusing social and political theories with economic theories

Answer 3

Capitalism in the USA fell in 1935.

1935 - Franklin D Rosevelt created "Social Security". Economics 101 teaches that Capitalism is purely Supply & Demand with no Government influence. So, historically, the USA moved from Capitalist to Socialist in 1935. Since then more Federal Programs get created. In fact, the Federal Government employees about 30% of the USA population --- making it one of the greatest employers. In states like Oregon ... 45% of employment is from the state.

We're boarder lining the cross into Communism with the threat of Terrorism. Funny thing, is the Terrorists are trying to bring down the USA and by their tactics, well, they're making the USA stronger and more United.

I'm actually happy. This gives more basics to more people. The USA has the best distribution of water, and does well at handling waste (trash & sewer). We're overfed (fat), and we get all the drama (tv) we want. I do fear we're a little slothy though.

Schools still teach that the USA is capitalistic ... however, anyone who's studied Economics 101 can tell you the USA is almost Communist.

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Yes, while my answer contains economics and politics concurrently ... these factors tie in together nicely to support my statements. After all “Economics” basic Greek translation [oikos], meaning house, and [nomos], meaning custom or law, hence "rules of the house(hold)." (which is politics). Those who fail to recognize the magnitude of this concurrency are blind and doomed to fail.

Answer 4

good question!

i predict that it will fail eventually, but not so long as we are divided up into separate nations.....

as long as we are divided up into separate nations, we cannot have a revolution that will bring down capitalism... how can all the poor people in the third world revolt.. it's impossible.

Eventually though capitalism will result in one world order. This is happening already on issues such as global warming and world trade.

When we have world order, we will have a global revolution - and THAT will be the end of capitalism.

Not in my lifetime though.

Answer 5

It can't fail on its own. But it's over. First you have to get rid of the rule of law which has already happened. Then once the masses buy into the idea we can all profit by taxing each other instead of being productive that is the end. This is the begining of the end. We just elected a bunch of dopes who sold the idea that we can prosper by taxation, and they are already making plans to raise taxes and increase regulation.

Answer 6

Only when the human race disappears. Now that Capitalism has been invented, as long as there is human society, there will be Capitalism.

Answer 7

as the world is organized now the capitalism is getting stronger every day so i wouldnt say it would be someday soon, i think at least it will last another 100 years.

Answer 8

Capitalism cannot fall. It is innate. If you disagree, then you do not understand what capital is. I suggest you ask "What is capital?"

Answer 9

When the human race falls

Answer 10

january 8, 2018