Capitalism worked to some extent and for some people, mainly capitalists, during a short period of time, something like 100 - 150 years. Capitalism replaced fe

Capitalism worked to some extent and for some people, mainly capitalists, during a short period of time, something like 100 - 150 years. Capitalism replaced feudalism, a system that didn't work anymore at all, it did of course only for a few people as well while it lasted. Now capitalism does not work anymore either. It's the information age and the situation has changed to such an extent that a new system will be born out of the current demise of capitalism. Those who will adopt the new system first, the most progressive parts of the world, will succeed first. Some parts of the world still stick to feudalism. In Nepal a monarch just has been ousted. So progress won't happen everywhere at once this time either. We don't exactly know what will follow, maybe Perecon or a similar system but we can't stick to capitalism as if nothing has changed since the steam engine has been invented. The digital economy has it's own rules (see open source, music industry failure, successful companies making no profits like Twitter) and will most probably pave the way. Nobody would suggest that we have to keep using the steam engine when there are better ways to solve the problems we face. Nonetheless most people treat the steam engine capitalism as the end of history. Those people will soon become history themselves.