Is a capitalist-socialist economy inevitable? | Big Think

Is a capitalist-sociality economy inevitable? Watch the newest video from Big Think: Learn skills from the world’s top minds at Big Think Edge: ---------------------------------------------------------------------------------- What will the economy of the future look like? To answer that we must first consider the current trajectory and the ways in which modern capitalism operates, who it benefits, and if it is sustainable. In this video, historians, economists, and authors discuss income and wealth inequality, how the American economy grew into the machine that it is today, the pillars of capitalism and how the concept has changed over time, and ways in which the status quo can, and maybe even should, change. “It’s not that hierarchy is bad,“ says John Fullerton, founder of Capital Institute, “it’s that hierarchy where the top extracts from below is definitely bad and unsustainable.“ He says that the