Capitalism – its the systematic baseline of the economic system we live and work in here in the U.S., and has been since the creation of our nation. Capitalism has brought forth many different outcomes to individuals, businesses, and the sociological functioning of society that range from wealth, technological advancements, poverty, motivation, and the state of our well-being through the freedom that was desired to be created generations ago.
Is the current state of our capitalistic society good? Or is it bad? Is it fair? Is it beneficial? What is the outcome? What is the vision? What is our goal?
I think there are many aspects of our quasi-form of capitalism that exists today that are driving aspects of society in a positive direction. Technological advancements is one of those strong arguments for it. People are driven to solve problems with incentive for gain, whether that be for themselves or for the group, and have the freedom to explore what they choose.
The pathway of progress experienced through the last few centuries has put us where we are today. Contrary to the advancements made through capitalism and with it, the ability for individuals, their families, and their communities to rise in different forms, there are aspects of success that are lacking in our world. Empathy in its right form is needed, but in a way that is beneficial and practical to all parties. On the opposite side of empathy lies greed, which can exist at any level of the world. To balance empathy and greed by those who are either in power, have built wealth, are in need, and demand change would be but a miracle in itself to assist in a progress that might ultimately see the sociological gain that many desire. Resources would need to be more efficiently and strategically utilized. Individuals would need to build a relation with others that they perhaps have not had vision into.
To insinuate sociological change to actually happen, some might expect those in control of controlling measures of society to act, which has been done in different ways over the years through socially progressive laws and actions. But to what extent towards success? Maybe that direction of change through control is unrealistic, given the current state of the world and how the world works today. The impossible actions of helping everyone may be limited by the economic likes of where we stand, and the outcome of highly significant government help may but cause greater problems and limit the speed and downright ability of progress to happen itself. Whether the pros or cons out-weigh the other with capitalism, the benefits of capitalism thus far seem perhaps necessary, from a particular perspective, in creating advancements that down the road might be perfected and utilized to build on the individual and personal foundations that lie within the general idea of capitalism.
The advancements, specifically made through technology, are our friends. Technology is like an assistant. People are smarter through technology. We’ve gained knowledge through technology. We make the world better in many ways through technology. We’ve moved exponentially through technology This is happening here within this quasi-form of capitalism.
However, what if we actually need to move beyond capitalism at some point in the future? Why exactly would that be? What direction should that go?
As stated, capitalism seems to be good for technological advancement built on the incentive of gain and/or progress. Do you think we hypothetically could reach peak technology sometime down the road? What if something specific like computing somehow peaks in the next century? Once the plateau of technological advancement begins to flatten, what’s the next biggest purpose of capitalism and creating progress in civilization? I’ll debate that it is not wealth creation. I think, coupled with the technological progress that can ensue, that monetary economics can and should drastically evolve. See some brief thoughts on the evolution of money and a transition through data/information in a previous post, titled “Datanomics.”
A general fundamental philosophy that grounds capitalism in its roots, which is freedom, should not be forgotten and dissolved. The ability to live in freedom can bring forth the opportunity for the true visions of progress to come forth into the world. Capitalism gives you and I the ability to build from scratch. An American dream of entrepreneurship/self-creation (I think that’s an even greater dream than owning a home) can be chased with change on the horizon through individuals grounded in ethics and morals to bring forth the idealists’ vision.
The idealists’ vision could be one of a grandiose nature, built from a top-to-bottom process, and stem from the philosophies of the self that have perhaps disappeared in the forefront of our world today. The freedom to create through capitalism can sprout a seed planted in the midst of chaos, confusion, and perhaps a form of tyranny unbeknownst to men and women walking through the world.
Building real change will require gut, risk, capital, and facing the reality you are playing a game in a tower that reaches the moon. Beyond that tower lies a place that perhaps looks and feels eons different. It could be a place where peak capitalism, its peak technology, and the resources created through this system can help lead to peak civilization and more importantly, the peak self for you and I.
What controls our lives? What controls our actions? What do we see? How can we choose what to do? Where would we go?
How you see is based on where you’ve been. Where you’ve been is what you know, but where you can go can create what you desire to see. What you desire to see can be built from your vision of who you become.
Utilize capitalism and its resources to build a world that functions for the betterment of itself, for yourself. Understand the needs of a direction, allocate the resources, foster the proper environment, and an aggregate purpose through our work, time, and existence can be made.
To me, that seems to be a form of automation that is rooted in renewable energy sources and built on information. The relation one has with private entities may evolve to the point of brand value nearly ceasing to exist through time. Needs may come before wants, where the desire for wants in the form of goods doesn’t shape the same behavior as the present because goods may have such little cost to them through the technological advancement that has led to automation being the itso-facto form of economics in a future state. The value of your currency therefore may rise to the point of the need for it to barely exist. Rather than a money supply nearly in a state of infinite growth, a transition to an infinitely shrinking money supply can ensue as information grows better and better. Maybe, perhaps, the concept of marketing will be one of psychological need prediction in total efficiency for the consumer rather than psychological and relational shaping, which has been built on creating a perspective and relationship with the producer in preference. Evolving consumer perspective may be ideal in the long run if a producer has incentive to build social progress through the freedom of the market.
Automation as a completed form of economics can lead to the individual living in a simplistic form of personal freedom, built through the inside and out. If we want the forest, we need trees, and to get the trees, we gotta sprout the seed(s). Easy, right?
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