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Comment by antiutopian

There is not going to be a Capitalism 2.0. Capitalism was progressive for a time, but it has gradually created the conditions for its replacement by democratic socialism. Those conditions are highly socialized production processes (not individual crafts) plus a gigantic class of wage laborers with an interest in a collective approach. A democratically planned economy is entirely possible and would outpace the massive waste and duplication of efforts that capitalism requires to function. Even the bureaucratically degenerated USSR grew to an economic superpower. Imagine what genuine democracy in the plan could accomplish in terms of meetings peoples' real needs.
parent antiutopian 6 years ago

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