>>>Except that the capitalism is falling under its own influence since it now lacks its most substantial ingredient: competition.
>>
>>You are going too far again. Competition is not what it should be in all industries but to say there is no competition is an absurd statement.
>
>So what is the other social system that competes with capitalism today?
>
>I am not counting China - they are a single-party oligarchy going through a pure early capitalism initial accumulation (aka theft phase). Not that going through that would be any better if multiple parties were making money in the process. Which leaves... huh?
Sorry, I misunderstood you. I thought you meant there is no competition in a capitalist system, specifically the one in the U.S. Did not realize you meant another economic system competing with capitalism.
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