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That will be the point at which the current model of capitalism will fail.
by cjg 4y ago
That will be the point at which the current model of capitalism will fail.
- spaceman_2020 4y agoI would argue that the current model of capitalism is already struggling hard, if not failing. Near-zero interest rates have ensured that the evolutionary mechanisms built into capitalism are effectively negated. Zombie companies that produce no real products or cash flow can exist in perpetuity - far from the "survival of the fittest" ethos of capitalism.