1.Well…what are the choices?
There was one of the earliest economies, where folks traded the only thing they had….themselves. That was slavery.
We moved on to feudalism…”peasants (villeins or serfs) were obliged to live on their lord's land and give him homage, labor, and a share of the produce, notionally in exchange for military protection.”
The growth of freedom, individualism, gave rise to capitalism.
2. “The results were inescapable: nearly everywhere on the planet men and women lived longer, ate better, enjoyed more leisure, and had access to resources and delights that previously had been reserved for the very rich and powerful, or more commonly, had been utterly unknown.” Joel Mokyr, “A Culture of Growth: Origins of the Modern Economy”
http://assets.press.princeton.edu/chapters/s10835.pdf
As politics is part of every endeavor, I would be remiss if I didn’t point out that the growth of government, and taxation, what we call Progressivism, is a return to earlier times, inching towards slavery.
3. But, as per the title….has capitalism been over-extended? Outlived its usefulness????
Is there too much??
Only in the same respect as a famous man said about winning: “We’re gonna’ win so much that you will say, please, please, Mr. President….stop!! We’re tired of winning!!!!!”
Should we be tired of capitalism????
No….there isn’t too much capitalism, wealth, or profit. But too many have seen this as the be-all-and-end-all, and forgotten this:
1 Timothy 6:10 to be: For
the love of money is the root of all of evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.
4.As a result, we have President who has succumbed to that love, to the point of selling out his home nation. And there are many such elites who would bind themselves to alien nations and alien ideology, if it provided wealth.
“…
Trump saw decoupling the United States from China as a way to dismantle the oligarchy that hated him and sent American jobs abroad, he couldn’t follow through on the vision. After correctly identifying the sources of
corruption in our elite, the reasons for the impoverishment of the middle classes, and the threats foreign and domestic to our peace, …
…
China was the source of the China Class’ power, the novel coronavirus coming out of Wuhan became the platform for its coup de grace. So Americans became prey to an anti-democratic elite that used the coronavirus to demoralize them; lay waste to small businesses; leave them vulnerable to rioters who are free to steal, burn, and kill; keep their children from school and the dying from the last embrace of their loved ones; and desecrate American history, culture, and society; and defame the country as
systemically racist in order to furnish the predicate for why ordinary Americans in fact
deserved the hell that the elite’s private and public sector proxies had already prepared for them.
For nearly a year, American officials have purposefully laid waste to our economy and society for the sole purpose of arrogating more power to themselves while the Chinese economy has
gained on America’s. China’s lockdowns had nothing to do with the difference in outcomes.
Lockdowns are not public health measures to reduce the spread of a virus. They are political instruments, which is why Democratic Party officials who put their constituents under repeated lengthy lockdowns, …”
The Thirty Tyrants
Too much capitalism????
No…..too little integrity.