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Is modern capitalism outdated?

Speaking at the World Economic Forum in Davos, French President Emmanuel Macron declared that modern capitalism "can no longer work."
plungesponge · 36-40, M
Honestly I think society needs a blend of economic models. It's painfully clear that whatever the US is operating under, whether it's called capitalism or crony capitalism or socialism for the rich, is a Ponzi scheme.

An economic model can't work if a huge number of citizens find they can't afford basic needs, people will throw it out one way or another
swirlie · 31-35, F
It's not modern capitalism that doesn't work, it's the American version of Democracy that doesn't work. The concept of Capitalism itself has always worked just fine in any other country that has not otherwise proven itself to be obsessed with self-greed and self-aggrandizement. [/c]
Mmagirl · 22-25, F
Personally I am a fan of the feudal system 🤷‍♀️ makes life simpler or just get rid of government and let people live there life, money isn't even backed by gold.anymore its just paper with a number and a old dudes face on it
QuixoticSoul · 36-40, M
Works just fine, when it's well regulated, with a strong safety net.
mrlopez · 26-30, M
socialism sucks ass
TheVamilyMan · 22-25, M
I’d say so.
quitwhendone · 46-50, M
Why not?

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