How long will capitalism survive?

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Bill_Gates
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How long will capitalism survive?

Well the concept of what we call capitalism today?

Are we heading for a big crash once the oil dries up and other natural resources

or will capitalism reinvent itself?
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GenialGermanGent
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Nope, it's here for good. It's what drives people and, ultimately, humanity forwards. Any other system does not encourage to do better than the rest.
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Hamza357
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The government has other renewable technologies which are currently classified. Greed is responsible for our current environmental changes. However we can turn to applications to help help slow this process down. We can never stop it, unless we depopulate the world a little, achieved through wars and diseases; however this should not concern us until the year 2100 at least.

Bringing the subject back,at out current situation in terms of economy. It makes the question unpredictable. The more money one person has the more unbalanced the economy, yes like bill gates. People have little money today and therefore are less likely to invest money into renewable technologies. They will always buy the cheapest things which today causes more harm to our environment. There are many factors to consider.



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Zorgotron
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Capitalism will survive as long as you continue to go to a store and buy things. Even if capitalism will one day be destroyed, then all it takes for it to be reborn is a single transaction - the moment goods are exchanged voluntarily.
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PicardianSocialist
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(Original post by Bill_Gates)
How long will capitalism survive?

Well the concept of what we call capitalism today?

Are we heading for a big crash once the oil dries up and other natural resources

or will capitalism reinvent itself?
Define your terms.
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Axiomasher
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(Original post by Bill_Gates)
How long will capitalism survive?

Well the concept of what we call capitalism today?

Are we heading for a big crash once the oil dries up and other natural resources

or will capitalism reinvent itself?
From a Marxist perspective it is still very young as a mode of production, with previous modes, such as tribute societies, slave societies and feudal societies, lasting many hundreds, if not thousands, of years. At the same time capitalism is highly transformative (of the world and itself) as well as crisis-generating on a global scale, so it's hard to see it lasting as long as previous modes. At the very least in environmental terms capitalism is a destructive force like no other before it. As the rich drown in ever greater piles of dirty money so most of the rest of us will, it seems, drown in dirty water.

Yes, we'll definitely see more crashes and sooner or later a crash that cannot be recovered from.

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ChaoticButterfly
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I will most likely exist in some or other until we live in a global post scarcity society (if that ever happens). What always changes is what form it takes. A lot of the modern power structures that have been build up and a not a inevitable result of a capitalist based society. So capitalism will continue to evolve for better or for worse.
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SHallowvale
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(Original post by Bill_Gates)
How long will capitalism survive?

Well the concept of what we call capitalism today?

Are we heading for a big crash once the oil dries up and other natural resources

or will capitalism reinvent itself?
If mankind finds a way to make a ''common ownership'' society/economy work just as well, then capitalism will not survive forever (that is, people would have an alternative).
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akash11
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Capitalism will always exist its the status quo of human economic systems, whether the slate will be wiped clean with some slight modifications is another question
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No Man
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(Original post by SHallowvale)
If mankind finds a way to make a ''common ownership'' society/economy work just as well, then capitalism will not survive forever (that is, people would have an alternative).
And what would a common ownership economy entail?
If it would entail everyone being able to consume as many resources as the current developed world (which is already close to tipping point) the system would only last a few years before collapsing.
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DaveSmith99
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A very long time. Capitalism benefits those with money, money brings power,
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Welsh Bluebird
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(Original post by DaveSmith99)
A very long time. Capitalism benefits those with money, money brings power,
100% agree. The short and sweet yet correct answer.

Have some rep.
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honeywhite
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(Original post by Bill_Gates)
How long will capitalism survive?

Well the concept of what we call capitalism today?

Are we heading for a big crash once the oil dries up and other natural resources

or will capitalism reinvent itself?
Capitalism will survive until the end of the world and possibly beyond. Science is progressing at a rate that means that whatever is considered of negligible energetic value today may be considered extremely important tomorrow. Extracting all conceivable natural resources would mean having nothing to stand on literally---and I don't think this is about to happen.

Furthermore, capitalism is not related in any way to natural resources. It simply means that corporations, rather than the State, or the people that are employed as the means of production (aka workers' unions), control means of production. It is possible to have an entirely capitalistic State that runs fully and completely on renewable natural resources.

Capitalism has proven itself to be the optimal system to run governments on Earth with humans---Communism would work splendidly in Heaven but not here, unfortunately. Communism, as Marx envisioned it, would have the People set up a near-omnipotent, large State to run things until a state-less Society could be built; unfortunately, the people who hold power seem to be the least willing to divest themselves of it for the common Good.
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Bulbasaur
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Not sure if you guys realise but capitalism is already in the midst of what is probably its biggest ever crisis. Capitalism functions through crises, in fact. It really depends how you define capitalism - but the current neoliberal agenda that has driven the global economy for the past 30 years - its days are certainly numbered. The days of mass consumption are limited - we have finite resources and ecological limits are being reached. To some extent technology could compensate for this but it's foolish to assume it'll solve the inevitable environmental crisis of capitalism. That's not to say capitalism is going anywhere, but it's pretty much a given than it will be forced radically change. Truth of the matter is, consumption is unsustainable. Growth is limited.

That was probably quite incoherent but the main point is that mass growth, mass consumption, neoliberal capitalism is simply the status quo - who knows what is coming in the future though....
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Bill_Gates
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(Original post by Bulbasaur)
Not sure if you guys realise but capitalism is already in the midst of what is probably its biggest ever crisis. Capitalism functions through crises, in fact. It really depends how you define capitalism - but the current neoliberal agenda that has driven the global economy for the past 30 years - its days are certainly numbered. The days of mass consumption are limited - we have finite resources and ecological limits are being reached. To some extent technology could compensate for this but it's foolish to assume it'll solve the inevitable environmental crisis of capitalism. That's not to say capitalism is going anywhere, but it's pretty much a given than it will be forced radically change. Truth of the matter is, consumption is unsustainable. Growth is limited.

That was probably quite incoherent but the main point is that mass growth, mass consumption, neoliberal capitalism is simply the status quo - who knows what is coming in the future though....
I like this answer the best
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Are you Shaw?
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Capitalism will survive until humanity kills itself. Or when socialism kills us.

(Original post by Bulbasaur)
Not sure if you guys realise but capitalism is already in the midst of what is probably its biggest ever crisis. Capitalism functions through crises, in fact. It really depends how you define capitalism - but the current neoliberal agenda that has driven the global economy for the past 30 years - its days are certainly numbered. The days of mass consumption are limited - we have finite resources and ecological limits are being reached. To some extent technology could compensate for this but it's foolish to assume it'll solve the inevitable environmental crisis of capitalism. That's not to say capitalism is going anywhere, but it's pretty much a given than it will be forced radically change. Truth of the matter is, consumption is unsustainable. Growth is limited.

That was probably quite incoherent but the main point is that mass growth, mass consumption, neoliberal capitalism is simply the status quo - who knows what is coming in the future though....

Drama queen. People have been saying that since 1873. You forgot about the Golden Age of capitalism and pretty much every golden age inbetween these crashes. Besides what else will replace it?
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cel93
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It will survive until people's coordination of thinking is completley changed. I don't see how anyone can say capitalism will always be around due to human nature- people's way of thinking change every few thousand years. Think about the cave man days and look how much peoples coordination oif thinking has changed since then.
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ClickItBack
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(Original post by Bill_Gates)
How long will capitalism survive?

Well the concept of what we call capitalism today?

Are we heading for a big crash once the oil dries up and other natural resources

or will capitalism reinvent itself?

(Original post by Bulbasaur)
Not sure if you guys realise but capitalism is already in the midst of what is probably its biggest ever crisis. Capitalism functions through crises, in fact. It really depends how you define capitalism - but the current neoliberal agenda that has driven the global economy for the past 30 years - its days are certainly numbered. The days of mass consumption are limited - we have finite resources and ecological limits are being reached. To some extent technology could compensate for this but it's foolish to assume it'll solve the inevitable environmental crisis of capitalism. That's not to say capitalism is going anywhere, but it's pretty much a given than it will be forced radically change. Truth of the matter is, consumption is unsustainable. Growth is limited.

That was probably quite incoherent but the main point is that mass growth, mass consumption, neoliberal capitalism is simply the status quo - who knows what is coming in the future though....
I don't know why people go for the finite resources argument with such conviction. Quite apart from the fact that we are far from running out of any critical resource on Earth, asteroid mining is on the horizon for commercial viability (perhaps 20 years away?). Additionally, energy generation technologies have continuously undergone a transformation towards efficiency and cleanliness over the last 2 centuries, new materials are created that achieve the same effects (think graphene), etc.

It's hard to predict the future, of course, but with the world population predicted to achieve stasis at 10 billion, and at our current furious pace of technological development, you at least have to consider the happy proposition that we have achieved the necessary societal structures and scientific knowledge to ensure a stable state of humanity for some time to come .
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Axiomasher
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(Original post by Are you Shaw?)
...You forgot about the Golden Age of capitalism...
Are you talking about the subsequent growth bubble generated by the devastation of WWII? If so, that's just great, why don't we have a world war every time we need to give capitalism a boost? Don't laugh either, it might be exactly what the next global crash gives us.
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Axiomasher
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(Original post by ClickItBack)
...asteroid mining is on the horizon for commercial viability (perhaps 20 years away?)...
Is it? Obviously the capitalists who are looking to draw in investment will tell you all kinds of wonderful stuff, but otherwise anything involving space (by which I mean deep space, not dancing around in the upper atmosphere) is hugely, hugely expensive.
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