Capitalism is dead, the central banks killed it.
The central banks are dead, Crowd funding killed it.
I don't think there is anything left of Capitalism except that citizens are allowed to own things.
Oh wait, that is only a thin veil pulled over your eyes.
You don't own anything except for junk.
Capitalism was about getting enough capital together to complete an enterprise, and that those who did it would own the fruit of their labor. And this, along with the free-market, meant you could sell your fruits to acquire more capital.
In universities, if you studied business, a great part of that was how to raise capital, (or move it around within a company) so that you could build a factory, or buy a new product, or a ship. These things are expensive. To expensive to buy single handedly (except for the richest people). So, you had to learn ways to raise capital.
And then, the central bank was formed, and one could borrow money to finance everything. Thus, capitalism came to an end.
Since then, the central bank has become entwined with the corporations.
The central banks deciding which corporations would live, and which would die.
The corporations now living on borrowed money.
Of course, something has come about that will kill central banks, Crowd funding.
Right now, the banks have GoFundMe in their grips, (as we saw with the Canada truckers) but this will not last for long. The money will flow. When cryptos are more readily used, crowd funding is really easy. Donating a few pennies will become simple. Having a web page that accepts donations trivial. Having a donation be a smart contract based on completion or some other term, easily doable.
If capitalism is dead, why do we still use the term?
What most people mean when the say capitalism, as in Anarcho-capitalism is free-market trade and personal ownership of stuff. I guess they may be inferring to the entrepreneurial spirit that comes along with capitalism. But they really do not mean Capitalism as in the gathering together of capital to create an enterprise.
Maybe it is just the remembrance of a time when you could just go build things, form companies, get rich.
But that part was never really a part of capitalism.
So, maybe it is "Capitalism is dead, long live Capitalism"?
Capitalist is also not something you could really call a country. It has little to do with govern-cement except for property rights. Some might insist regulations are important… but that usually traces back to officials wanting to skim money from the market.
What we have in this "capitalist" society is nothing of capitalism.
The currency we use to make transactions is a tax within itself. No one would use it if we had a better system already wide spread. (come on bitcoin, you slow boy) And since that is one-half of every transaction, you could say we don't really have a free market, nor capitalism.
We don't really own anything of any import.
Your car, you gave it to the state. They call it registering. But it means the state owns it now. And if you have a car loan, the banks owns it too.
Your real estate? The king's estate? You don't own that, the state does. You get to rent it.
If you create a corporation to make and sell widgets, well, you don't own that. The state owns it. And if you don't set up a corporation, you are under too much legal liability.
So, we don't really have capitalism in any meaning of the word.
Maybe we should take a page from the socialists, "That wasn't real capitalism"