Is a capitalist-socialist economy inevitable? | Big Think

Marx could not have been any clearer: competition compels capitalists to innovate in production. This leads to permanent experimentation with workflows and technologies, all in the pursuit of ever-greater efficiency. The logic of market demand means capitalists must produce goods and services as cheaply as they can, forcing them to constantly reduc

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The last 1,000 years can be roughly split into two 500-year chunks: feudalism & capitalism. Feudal lords controlled all of the land, farms, buildings and capital. This was passed down inside families and never distributed to the workers. There was no way for anyone to create new forms of capital because they could not get access to any in the first... See more

In a post-capitalist world, financial value would still be a core part of our decision-making. It just wouldn’t be the defining consideration as it is today.

Mastering socio-productivity means learning to create markets and industries for those whom orthodox capitalism is unable to serve. Twentieth-century organizations are awesome at the incremental: creating low-need-high-cost markets, segments, and industries, like Hummers, McMansions, and expensive lattes. Constructive capitalist revolutionaries are

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