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Not really. My answer isn't that "fake capitalism didn't work so lets become socialist" its "let actually try having a free market". The "not true communism" cry is just as accurate as "not true capitalism". What the west has done economically over the past hundred years is create an environment that was able to lift the most people possible out of poverty. The anti-competitive practices currently embraced by government and paid for my monopolistic powers will cause problems for that, the answer is to get rid of the MIC and the corruption, not to switch to a system that hasn't brought a substantial amount of people across the world out of poverty.

The power that came about from the success of the US economy allowed for outsourcing to Japan/Korea, enabling them to go through the growing pains of intense industrialization, formation of a middle class, and adoption of a more free form of government. This process is working in Vietnam, Thailand, etc as well with the addition of more advanced economies to the game. Between corruption in the US threatening the US middle class and socialist China having intense controls to hold down a formation of a middle class there growth is going to slow down globally. We can solve our problem by breaking up some trusts, imposing term limits, and limiting the political power of corporations. Those things can be done while still having a free market and still being capitalist.