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Capitalism in its purest form has failed... That said, there is nowhere on this planet that capitalism in its pure form is practiced. The free market has long been tempered by governmental reforms.
Marx painted one of the most accurate pictures of what Captialism is (was). What he failed to see was Capitalism's ability to be flexible, to absorb concepts like collective bargaining.
Communism or the dictatorship of the proletariat... the kind of violent revolution Marx predicted would occur will never occur in a society that has brought the kind of general wealth our current systems have brought about. The middle class is too large and will never risk the loss of their material posessions and property.
Captialism contines to be tempered by more progressive policies such as the ones we see in Canada or Scandinavia. Capitalism is still the best system we have despite its myriad problems.
True change and reform takes time and will never come from the barrel of a gun. Rather it comes from dedicated people working within the system to bring about reform. Time and patience is what brings about this sort of change.
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"My hands are on fire. Hands are on fire. Ain't got no more time for all you charlatans and liars."
- Old Man Luedecke
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