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Charles Hugh Smith: What’s Next for Capitalism After the Current Version Implodes?

Has the centralized nation-state model of global capitalism finally reached its autumn?

Predicting the end of Capitalism has been a popular pastime since the term was coined. The reason why this particular parlor game is so fruitless is that Capitalism is not monolithic or static–and neither is socialism, the other great ideological umbrella that covers a variety of systems and iterations of State/collective ownership of assets.

If we take the long-term historical perspective [...]