Thursday, January 20, 2022

The Extent of Stability: Three Generations

Capitalism leads to a regulated private economy: just not for long. Communism leads to a command economy: just not for long. Within five to seven decades (a maximum of three generations) both capitalism and communism find a balance by morphing into some sort of oligarchic, fascistic and feudalistic system. No system of government can be conserved for more than three generations. There is truth in the saying: “Shirtsleeves to shirtsleeves in three generations.”

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