Looking back at history, European capitalism has been exploring between efficiency and fairness to constantly find points that lead to reforms. The European people chose a different path from that of the US - a path that emphasizes welfare and fair distribution. However, even under welfare capitalism, it does not change the nature of capitalism and its inherent flaws, which has inevitably led to the widening of the wealth gap.

It seems that the French people cannot find a way out now. Neither can the US. Capitalism seems to have reached a critical point, and although it will not disappear quickly, the future path is uncertain.

  • Lymbic_System [none/use name]
    ·
    2 years ago

    We have been in a transition since the great depression pretty much everything after that has been free-market cope, virtually every country after has had to use various forms socialization including neoliberal poster children like the usa or the uk. The only thing holding this era back is the western world and it insistence in larping that capalitism exists by selectively punishing their working classes with cruel austerity and mulching any developments in former 3rd world nations.

    Zombie capitlism with a neoliberal lich phylactory called imperialism. How much longer we stretch on is dependent on how much longer the us can hold together. These days it not looking so hot