>>>>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.

Same here. I got the same understanding as you until he clarified it in the last post...