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.

  • Nagarjuna [he/him]
    ·
    2 years ago

    Ngl, I think capitalism has been in decay since decolonization. The question is if we'll kill it before it kills us.