Capitalism Forever?

Doug Henwood dhenwood at panix.com
Sun Feb 24 15:58:52 PST 2002


Justin Schwartz wrote:


>Personally, apart from thinking that Schweickartian market socialism
>is our best alternative, my view is this: capitalism is not
>foreover, no social system is. It's probably around for the long
>haul, though, this century anyway; we might be surprised, but it's
>pretty resilient.

You're probably right, but 20 years ago, who'd have imagined the USSR would be gone? And Jeremy Rifkin - who's not the most reliable source, so I'd like to check this out - quoted a Harvard Business Review poll of CEOs from the late 70s showing that most assumed capitalism was doomed and their grandchildren would live under socialism. So you never know....

Doug



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