This engaging essay Four Futures by Peter Frase envisions that capitalism will end imagines four possible futures after capitalism. I am not sure. The analysis seems to ignore 1) infinite capacity of humans to survive putting up with injustices and 2) most people are corrupt and take advantage of whatever privileges they have. Though I do not like it, I think capitalism will survive in much more unjust form with more and more people working hard to make a living and a few from 1-20 percent cornering the benefits.
Thursday, May 14, 2015
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