by Summary:
Capitalism is BROKEN
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Steve Keen considers the following as important:
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Capitalism is BROKEN
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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| Capitalism is BROKEN |
Except that Capitalism hasn't existed for well over one hundred years. The system is corporatism and it has been since before the beginning of the twentieth century, or have you somehow not yet noticed ?
Corporatism is the natural end of the system because free markets are inherently unstable and enable monopoly. That's why markets in the past had price and trade controls.