[veganarchocap]

How can Capitalism have 'ran its course'? It was never on course. Even in the most economically 'free' parts of the world... interest rates are still set by a central government, people are still taxed, imports and exports are still subject to tariffs, and markets are regulated and swung in favour of the central state. All of which are distinctly anti-capitalist. There are no Capitalist nations, not truly.

[the_af]

This is some sort of No True Scotman. If you are truly going to follow this road, then there hasn't been a truly Socialist or Communist nation either, not truly.

In this case, we haven't made any inroads in deciding about the relative merits of Capitalism, Socialism or any other -isms, since there haven't been any nations that implemented them. Not truly.

I don't know about you, but it seems like a fruitless viewpoint. I believe Capitalism as practiced in the real world has run its course. This, of course, doesn't mean it's going to go in the next few decades, but I believe its days are counted. Call it optimism.