"Capitalism" was the ideal way of extracting maximum resources in minimum time. That worked great for a couple of hundred years. But with the ability to extract cheap energy now more in our past than in our future, that changes, and if nature is any guide, "capitalism" will turn into the fastest road to ruin.
A century from now, people will look back at economic theories from the 1900s as little more than self-aggrandizing fantasies by people who really didn't get it.
A century from now, people will look back at economic theories from the 1900s as little more than self-aggrandizing fantasies by people who really didn't get it.
