Ask HN: Will capitalism remain incumbent in the US over the next 50 years?

#1

Post by hunterhod » Sat, Feb 10, 2024, 7:44 PM UTC

Do you believe that capitalism will be replaced by a different system? If so, which and why?

Re: Ask HN: Will capitalism remain incumbent in the US over the next 50 years?

#2

Post by andsoitis » Sat, Feb 10, 2024, 7:47 PM UTC

Worth knowing what capitalism is and isn't as well as the the continuum on which it exists: https://www.investopedia.com/terms/c/capitalism.asp

Re: Ask HN: Will capitalism remain incumbent in the US over the next 50 years?

#3

Post by FrankWilhoit » Sat, Feb 10, 2024, 8:04 PM UTC

The question assumes a consensus definition of capitalism, and that it (by any definition except the most careless) is incumbent. I recommend that you back out both of those assumptions.

Re: Ask HN: Will capitalism remain incumbent in the US over the next 50 years?

#4

Post by hunterhod » Sat, Feb 10, 2024, 8:27 PM UTC

andsoitis wrote: post #2

Worth knowing what capitalism is and isn't as well as the the continuum on which it exists: https://www.investopedia.com/terms/c/capitalism.asp

Very insightful, thank you!

Re: Ask HN: Will capitalism remain incumbent in the US over the next 50 years?

#5

Post by hunterhod » Sat, Feb 10, 2024, 9:29 PM UTC

FrankWilhoit wrote: post #3

The question assumes a consensus definition of capitalism, and that it (by any definition except the most careless) is incumbent. I recommend that you back out both of those assumptions.

I should have qualified further: capitalism as the prevailing economic system within the United States.