Capitalism may have been a relatively progressive outgrowth of the dismantling of feudalism in some parts of the world, and would have been effective as a stop-gap or transitional social development. However, it has remained longer than it needed to, and this state of affairs, is hence now approaching its logical conclusion, with the progressive degeneration of Capitalism as a viable economy. Fundamental transformations of societies from the nation-state, another outmoded social concept, and a break-away from a capitalist dominated economic apparatus would have to take place, if humanity is to sustain an enduring lifespan as a species. |