 | Philosophy, Political Science, and Sociology Philosophy, Political Science, and Sociology Forum - Perennial Ideas and Debates that cross societal/time boundaries |
November 3rd, 2012, 12:05 PM
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#1 | Historian
Joined: Jun 2012 From: Florida Posts: 1,465 | What will replace capitalism?
This OP is based on the premise that sooner or later large corporate capitalism may disappear. They will not disappear any time soon, but perhaps in the next 100 to 200 years.
What will make this large multinationals disappear. It will be a combination of factors, anger by extreme climate change, dimishing resources, corporate greed, corporate excesses, severe and fatal disruptions in the financial markets and, perhaps even shifts and advances in technology, such as 3D printing.
I'm a firm believer in private propery and free enterprise, but all empires have fallen or changed and we are living in the age of large multinationals corporations. If the Roman or British Empire can disappear from the face of the earth, why not Exon and corporate capitalism?
I'm not being Malthusian, but what will replace capitalism?
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Last edited by Aulus Plautius; November 3rd, 2012 at 12:10 PM.
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November 3rd, 2012, 12:49 PM
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#2 | Historian
Joined: Jul 2012 From: Ozarks Posts: 1,479 |
A. Capitalism is not en Empire, and therefore not subject to falling
B. Buying cheap and selling dear is as human as blood Quote:
Originally Posted by Aulus Plautius This OP is based on the premise that sooner or later large corporate capitalism may disappear. They will not disappear any time soon, but perhaps in the next 100 to 200 years.
What will make this large multinationals disappear. It will be a combination of factors, anger by extreme climate change, dimishing resources, corporate greed, corporate excesses, severe and fatal disruptions in the financial markets and, perhaps even shifts and advances in technology, such as 3D printing.
I'm a firm believer in private propery and free enterprise, but all empires have fallen or changed and we are living in the age of large multinationals corporations. If the Roman or British Empire can disappear from the face of the earth, why not Exon and corporate capitalism?
I'm not being Malthusian, but what will replace capitalism? | | |
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November 3rd, 2012, 12:55 PM
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#3 | .
Joined: Dec 2010 From: The Netherlands Posts: 6,616 |
I do not see how any organisation could take over the immoral role of the multinationals...
But then again, I was born and raised under capitalism so it is hard to imagine for me.
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November 3rd, 2012, 01:00 PM
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#4 | nonpareil
Joined: Aug 2010 From: Wessex Posts: 13,690 |
The notion that multinational companies are somehow evil strikes me as being rather childish.
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November 3rd, 2012, 01:12 PM
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#5 | Suspended indefinitely
Joined: Mar 2012 From: In the bag of ecstatic squirt Posts: 18,030 | Quote:
Originally Posted by Bluehawk A. Capitalism is not en Empire, and therefore not subject to falling
B. Buying cheap and selling dear is as human as blood | I think this is right. While those empires that had been mentioned had fallen, but the way of the markets never changed in the society where such is tolerated. After capitalism was invented as a way to create commerce and industry, such was halted for a while during the era of communism of the Soviets, but it was proven that the same was impractical.
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November 3rd, 2012, 01:16 PM
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#6 | .
Joined: Dec 2010 From: The Netherlands Posts: 6,616 | Quote:
Originally Posted by Linschoten The notion that multinational companies are somehow evil strikes me as being rather childish. | The entire concept of evil is childish but a big company has to make choices that may seem immoral to us.
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November 3rd, 2012, 01:22 PM
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#7 | nonpareil
Joined: Aug 2010 From: Wessex Posts: 13,690 |
Capitalism is not a system, it is merely a market economy that can be, and is, subjected to all kinds of controls and regulations, and government interference or direction, both within individual countries and through international agreements; it is thus infinitely adaptable, as is all too evident if one looks at the history of 'capitalism' in, say, Great Britain from 1750 to the present day. It will change in all kinds of unexpected and unpredictable ways, from one kind of 'capitalism' to another, and then another, in so far as it is not replaced by some kind of totalitarian system.
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November 3rd, 2012, 01:28 PM
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#8 | nonpareil
Joined: Aug 2010 From: Wessex Posts: 13,690 | Quote:
The entire concept of evil is childish but a big company has to make choices that may seem immoral to us.
| So do governments, does that make governments evil, and should we be looking around for something to replace them. Furthermore, to talk of them being evil is to ignore the extent to which they are responding to popular demand from people like you and me; 'evil' corporations outsource production to low-wage economies, for instance, to provide low-cost goods to people in the West (often people who are living on low wages by Western standards. There is the further point that this can be a process that enables developing countries to advance toward higher wage economies, and enable their citizens to break free from rural poverty. I'm not saying that multinationals are wonderful in every way, merely that the moralization that brands them as being evil is facile.
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November 3rd, 2012, 01:32 PM
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#9 | Suspended indefinitely
Joined: Mar 2012 From: In the bag of ecstatic squirt Posts: 18,030 | Quote:
Originally Posted by Linschoten Capitalism is not a system, it is merely a market economy that can be, and is, subjected to all kinds of controls and regulations, and government interference or direction, both within individual countries and through international agreements; it is thus infinitely adaptable, as is all too evident if one looks at the history of 'capitalism' in, say, Great Britain from 1750 to the present day. It will change in all kinds of unexpected and unpredictable ways, from one kind of 'capitalism' to another, and then another, in so far as it is not replaced by some kind of totalitarian system. | Indeed, what shall only prevent capitalism from being used by the society in its most practical way is the totalitarian regime that shall dismatle its use by the people. While democracy is the form of government, capitalism shall always be there, and even if the totalitarian regime exists if it shall tolerate it to be exercise within the society such as what is happening in China, then there is no problem with it, being implemented.
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November 3rd, 2012, 01:33 PM
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#10 | Suspended indefinitely
Joined: Apr 2010 From: Slovakia Posts: 16,748 |
Well regardless of the name, I think that humanity can survive in relative peace only if it cooperate and share.
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