What comes after capitalism ?

Discussion in 'World Events' started by scorpius, Dec 20, 2020.

  1. scorpius a realist Valued Senior Member

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  3. Dennis Tate Valued Senior Member

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    Near death experiencer Dannion Brinkley was shown that the next step was something he referred to as Spiritual Capitalism... or Spiritualistic Capitalism.

    I think that near death experiencer Howard Storm was shown more about what that would look like.

    https://www.near-death.com/religion/christianity/howard-storm.html#a04

     
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  5. RainbowSingularity Valued Senior Member

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    good question !
    what is capitalism as you define it(what you understand it to be)?
     
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  7. Luchito Registered Senior Member

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    No other system will replace capitalism. The idea of big corporations giving 10% or more or less to help poverty in other countries is not happening and won't happen. Right now still the system where 67 cents a day will provide food and medicines to the needed.

    Capitalism was born since day one when societies became to be. It has survived rough eras and still is the system leader in the world.

    Perhaps a worldwide disaster changes it into cooperativeness, but always someone will try to make profit over the work made by the others.
     
  8. billvon Valued Senior Member

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    Our future will see systems that blend capitalism, authoritarianism, pure democracy, barter economies, socialism - most -isms. Just as we have now. The emphasis will change but the mix will stay about the same.
     
  9. Michael 345 New year. PRESENT is 72 years oldl Valued Senior Member

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    How would a system like I was there about
    • a person would only be able to OWN 1 company
    • totally responsible for everything going on in said company
    • I MEAN EVERYTHING
    • ALL people employed by owner have shares in company
    • NO-ONE CAN HOLD SHARES UNLESS EMPLOYED BY COMPANY
    Few more regs but those are the few top ones

    Build on those. Other rules I am thinking about might answer any objections

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  10. billvon Valued Senior Member

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    Your first, second and fourth points are in direct conflict with each other. If one person owns a company, and is totally responsible for it, then no one else can own part of it.
     
  11. Michael 345 New year. PRESENT is 72 years oldl Valued Senior Member

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    They don't own part of the company. They are paid a wage from the profits

    Yes shares not the best term to use

    In Australia at the moment Health Care Funds are looking to cut back paying for certain operations as well as increasing payments

    While the Government does to a certain extent keep increases in payments down they are still have been more than the rate of inflation

    Each of the 4 main have made profits, just not as much as shareholders are used to

    Answer from the funds - cut some services we have paid for in the past. One service being mentioned, hip replacement

    Don't know what, what I call fringe benefits, the situation is with those. Things like gym membership and acupuncture for crying out loud

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  12. Seattle Valued Senior Member

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    Maybe you meant profit sharing rather than owning shares?
     
  13. billvon Valued Senior Member

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    OK. So if there are a few years where there are no profits, they don't get paid? That's fair, but is going to be hard for many workers.
     
  14. Michael 345 New year. PRESENT is 72 years oldl Valued Senior Member

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    As it is currently when businesses go bankrupt or there is a loss of business due to another company built a better widget

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  15. billvon Valued Senior Member

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    Right. But that will still happen on occasion. But under your system, the employee could be going to work every day, doing a great job, working hard - and still not get paid because the company isn't making a profit yet.

    Tesla, for example, went something like eight years before it made a profit. Can most people afford to work for eight years with no pay, even if the eventual payoff is very large?
     
  16. Michael 345 New year. PRESENT is 72 years oldl Valued Senior Member

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    O
    Will think about but first idea comes to mind is savings

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  17. Seattle Valued Senior Member

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    What are you trying to accomplish that would make their situation better than it is now?
     
  18. Michael 345 New year. PRESENT is 72 years oldl Valued Senior Member

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    Decrease disparity between ultra rich / ultra poor

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  19. Seattle Valued Senior Member

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    Do the ultra poor have jobs? How do your suggestions do that? Why do that? How about just improve the lives of the poor?
     
  20. Michael 345 New year. PRESENT is 72 years oldl Valued Senior Member

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    So many questions, so wait until I flesh it out a bit

    Do the ultra poor have jobs?

    In Bali there are people who go around collecting plastic bottles they take to recycling
    England is it a job collecting safety net

    How do your suggestions do that?

    Since the system would have grown on a planet far far away question non applicable

    Could we transition to such a new system???? a better question

    How about just improve the lives of the poor?

    How about we don't have ultra poor whose lives do not require massive improvement but if capable they improve to their capacity

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  21. Seattle Valued Senior Member

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    I don't really know where you are going with this? It's not hard to make it into a middle class life if that's what you want to do.

    It's got nothing to do with those wealthier than you. You don't need to change the current system.

    Jeff Bezos doesn't take money away from his employees with a ridiculous salary. His wealth comes from starting a business and then holding the stock. Investors buy the stock, that's where his money comes from, not from taking it from his employees.

    If people like him don't start businesses that grow that fast and large then the economy is a smaller place. That doesn't help the poor either.

    Government can regulate and tax. How does any of that make the economy better? It doesn't. Bernie Sanders (for example) has picked a fight with Bezos for not paying his workers enough. The starting wage at Amazon for the lowest paid worker is $15/hr. In Sander's state of Vermont it's $11/hr.

    Amazon workers start with full benefits. Sanders has also picked fights with Elon Musk. Look at how many companies Elon has started and at how many people he employs. Who is doing more for the economy Sanders or Musk? It's not even close.

    Are you trying to envision a world where someone can collect plastic bottles and support a family of 4?
     
  22. billvon Valued Senior Member

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    Taxation allows roads to be built. Roads allow people to get to jobs that are not within walking distance of their homes.
    Regulation allows radio stations, mobile phone companies and satellite providers to provide services to people.

    To use two simple examples.
     
  23. Seattle Valued Senior Member

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    Yes, I get it but Bernie lecturing Musk makes no sense, wouldn't you agree?
     

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