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Originally Posted by TakuanSoho
No, it never will, even in the future. The idea of an economy and political structure being based on workers is a dead issue.
Now, I think what you meant that in the future we might have some sort of communal state, you are probably right, but that is completely different from what Communism is
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Nah, communism - in its ultimate form, as described by Marx. One of Karl's biggest mistakes is abandoning an early position that described communism as evolutionary, rather than revolutionary.
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Capitalism never existed.
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Sure it has. It was more industrial capitalism early and more financial capitalism later. Perhaps, you could argue pure, laissez-faire capitalism never existed, but we came pretty close in the 1800s.
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It was a phrase coined by socialists with no reality that improperly defines alternative economic structures. Hence free markets, state corporatism, state communism, mercantilism, etc etc can all be called "capitalist" even though none of them have much if anything in common with one another.
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Who were these "defining" socialists? Sounds suspicious to me. And, my text (Samuelson) defines capitalism as "the use of produced goods for further production."