And here, I thought war (hot or cold) was competition.
I get that momentum is hard to overcome, but I think a sufficiently competitive system will overcome that barrier and eventually outcompete capitalism as we know it; we haven't found that system yet, though it's theoretically possible we've tossed out some better systems that weren't better enough to overcome the first-mover-after-WWII advantage.
I think the major innovation of the next paradigm shift will relate to how groups of people handle intergenerational wealth (and perhaps some related structural questions), as I think this is the most glaring inefficiency of the American system. This is a minefield of a problem with a lot of naive, popular answers.
I get that momentum is hard to overcome, but I think a sufficiently competitive system will overcome that barrier and eventually outcompete capitalism as we know it; we haven't found that system yet, though it's theoretically possible we've tossed out some better systems that weren't better enough to overcome the first-mover-after-WWII advantage.
I think the major innovation of the next paradigm shift will relate to how groups of people handle intergenerational wealth (and perhaps some related structural questions), as I think this is the most glaring inefficiency of the American system. This is a minefield of a problem with a lot of naive, popular answers.