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Old 01-13-2009, 04:22 PM
 
Location: Sitting on a bar stool. Guinness in hand.
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//www.city-data.com/forum/polit...l-economy.html

This was the original question from this link.

Quote:
Originally Posted by ovcatto View Post
Modern humans have been on this planet for more than 250,000 years and for the vast majority lived in various forms of non-capitalist economies. So mark the advent of capitalism to the 14th century or roughly a mere 600 years. So, in the grand scheme of human evolution, I would think that to assume that capitalism is the end all be all of human economic relationships would be a bit short sighted. What would replace it, I don't know, but I have to believe that at some point another system of production and wealth distribution will replace it. Or am I just wrong?
See if you can give it a good answer. Of course I didn't see a great answer on the P &C forum where it came from.
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Old 01-14-2009, 08:34 AM
 
Location: Londonderry, NH
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If Capitalism is left alone it will Terminate itself.
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Old 01-14-2009, 10:26 AM
 
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We never had huge monolithic socialistic societies either. What we did have was pockets of societies by extended families that competed with other such organized extended family communes. What was nice about this is there was a social safety net. What was also nice about it was anyone taking advantage of the safety net was easily spotted. I might let my brother move in when he looses his job. If he sits around doing nothing for 6 months I will also show him the door.
So how do we have a responsible safety net while keeping competitive pressure? Good question.
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