I think the idea will continue to mutate but not fully go away. Through history, individuals have always bartered and sold the fruits of their labors. Over time this expanded in scale and scope and we got small business, then larger business then corporations.
With time, legal systems grew too and aided corporations. Legal systems are like a cancer; they grow and never shrink, because they are a route to power for some.
So what will affect business is changes in laws. Large business is predatory, and it needs to be reigned in or it will devour.
If you replace capitalism with state-run production, that puts power in the hands of the politicians controlling the goods, and that never ends well. What we need is controls on society that limit how much power politicians can grab, and how long they can stay (Pelosi as prime example but Fauci too). Malign lobbying by corporations does ill and so that also needs fixing.
In short, capitalism is a product of a social system and it is that system we need to pay attention too; the farmer selling eggs isn't the problem.
Yeah, the corporate system is definitely feudal with power at the top and all the workers as serfs below. Power is somewhat self-sustaining, and it is in its best interests to keep the serfs without power. One way that goes bad is when the power level takes its money and influences society, corrupting it in its own interest. Right now, most government is in part controlled by corporations - the military-industrial complex as a full example.
We are now back at the third going into the fourth cycle type.
Although some criticize the theory, I feel it does describe the alternating phases of generational goals, meaning that we undergo waves of haves, and have nots who then rebel against oppression.
I think the idea will continue to mutate but not fully go away. Through history, individuals have always bartered and sold the fruits of their labors. Over time this expanded in scale and scope and we got small business, then larger business then corporations. With time, legal systems grew too and aided corporations. Legal systems are like a cancer; they grow and never shrink, because they are a route to power for some.
So what will affect business is changes in laws. Large business is predatory, and it needs to be reigned in or it will devour.
If you replace capitalism with state-run production, that puts power in the hands of the politicians controlling the goods, and that never ends well. What we need is controls on society that limit how much power politicians can grab, and how long they can stay (Pelosi as prime example but Fauci too). Malign lobbying by corporations does ill and so that also needs fixing.
In short, capitalism is a product of a social system and it is that system we need to pay attention too; the farmer selling eggs isn't the problem.
Yeah, the corporate system is definitely feudal with power at the top and all the workers as serfs below. Power is somewhat self-sustaining, and it is in its best interests to keep the serfs without power. One way that goes bad is when the power level takes its money and influences society, corrupting it in its own interest. Right now, most government is in part controlled by corporations - the military-industrial complex as a full example.
In the 60's, youth rebelled. It was the Crisis stage (4th stage) of the Strauss-Howe social cycle theory -- https://en.wikipedia.org/wiki/Strauss%E2%80%93Howe_generational_theory
We are now back at the third going into the fourth cycle type. Although some criticize the theory, I feel it does describe the alternating phases of generational goals, meaning that we undergo waves of haves, and have nots who then rebel against oppression.