Exactly which form of Capitalism is Dead?

The reason I am not on verge of Hara Kiri?

There does not exist any agreed definition for Capitalism. While the current form of capitalism is failing, it is not my preferred version of Capitalism.

‘Hedonistic Capitalism’ is failing, already has failed America.

While ‘Socialist Capitalism’ can forment and accentuate inequities within society, the APLHD variant of capitalism is specifically formulated for mitigation of inequities within society.

Each of shareholders and management operating within ICCs build organizations within which salaries of CEOs and top management do not grow faster than those of other employees.

Innovation Centered Capitalism is the Dominant form of Capitalism. Presence of an incentive for ‘innovation curiosity’ guarantees higher rates of innovation than within any other variant of capitalism.

Innovation Centered Capitalism is closest to the variant of capitalism — the firm as nexus of contracts that ensure equilibrium in interactions between all stakeholders, such as employees, suppliers, consumers, shareholders (Jensen and Meckling 1976, Stiglitz (1972), Jensen and Long (1972), Leland (1973), and Baron (1979)) — that is recommended by theoretical models of capital markets within the literature of Finance.

Redundant innovations merely repackage innovation that already exists into a form that can generate profits. Redundant innovations create jobs, but inherently lack capacity for creating new stores of knowledge, skills, physical capital, and knowledge capital.

Educator and Researcher, Believer in Spirituality, Life is serious business, but we all are pilgrims so I write about important stuff with empathy and ethos

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