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The death of capitalism as we know it

My wife asked me (I don`t remember the context) if I believe that, in the near future, the multi-nationals will disappear and we would return to a society in which smallholder farmers would be the main source of food. She was mainly referring to an agrarian society.

Brooks Adams (among others) believed (and wrote in his “Theory of Social Revolutions”) that capitalism will be replaced by another system in which the distribution of wealth would change and in which current political systems would be replaced.

thomas jeffersonThomas Jefferson once said that “Every generation needs a revolution”, while Emma Goldman mentioned that “no real social change has ever been brought about without revolution. Revolution is but thought carried into action”.

Here is what I think