So clearly you are disillusioned with both Capitalism and Communism.
What do you suggest then?
If I would know the answer or something that really works, I would be holding lectures at Oxford or some other university and earning a fuck ton of money trough releasing papers and books.
But personaly I think UBI (Universal Basic Income) and social markets are at least a concept to talk about. There are a ton of companies today that earn really a lot of money, in the billions but they have very few eployes, definetly much less compared to what the Ford company had some 60 or 70 years ago. This money, has to be send back in to the economy so that it benefits more people in some way. There are fewer and fewer employes by large companies (world wide, not just in the US or Europe), yet they earn more in profits and wealth. Without the intention to demonize the people that hold the wealth, it's not 'their' fault its simply how the system works, but it doesn't take a degree in rocket science to see that it is a recipe for disaster, if an growing portion owns less and less, where as a smaller group continues to earn more and more. At some point it might lead to a situaito, where even the people that earn a lot of money now, due to their buisness, will not generate any income anymore. Systems like those always crumble from the top to the bottom, thus any improvement has to come from the elites, those with money, power and (political) influence, the change has to come from the system it self.
Like I said, the challanges will come, what ever if we're capitalist, communist, socialist, neo-liberal, rich or poor etc. you name it. It's not about ideology anymore as Toront once said - just like the effects of global warming.
I simply fear, if changes are not made now, we might see the world in 30 or 40 years mayb even sooner turned upside down - and that is still in MY life time, because maybe in the future the middle class might have completely disappeared and some demagouge that has yet to appear, told everyone to get a pitchfork and kill some rich fuck up society for good.
People fear someone like Trump, but I think, we should
seriously fear the left - and I am a leftist by the way! And I mean the 'real' left, the kind of left that we saw in Russia after WW1 and in other parts of the world, the small groups of extemists. Beacuse you know, that their arguments always ring nicely in the ears of those that are desperate, and if you have also someone to blame, be it the bourgeoisie, the capitalist, the rich or what ever, then things can go out of hand very fast. But the truth is, we need the elites as much as they need us. I am a leftist, but I am not an extremist, and I fear them on my side of the political spectrum. And if they think the Nazis with concentration camps are bad, they don't know who Pol Pot and the Khmer Rogue are, go google that fucker if you're interested.
Call me crazy if you want, but historically we are moving towards a world wide oligarchy which is even worse (as far as inequality in wealth goes) compared to medieval times, and we all know how that one ended.