> capitalism is in its late stages and government bailouts won't keep it floating forever. It's funny to see this critique pop up in various places completely

> capitalism is in its late stages and government bailouts won't keep it floating forever. It's funny to see this critique pop up in various places completely unaware of the fact that capitalism has more or less been dead since the 1940s. The Great Depression was the end of them as a dominating cultural force and they've been replaced by a managed-everything; a management class. So when you speak of capitalism only existing in its current late stage because of unsustainable government bailouts, you're really referring to the managed world we've lived in since the New Deal which began not only the popular things we all know and associate with it, but it also massive introduced corporate governance, a managed economy, more and more government institutions/regulations/departments/etc. We still have some rare examples of swashbuckling capitalists shaping the world to their vision (see: Elon Musk) but they are very unpopular with the managerial class because of that (see: Elon Musk).