Its interesting that the fastest growing economy in the world is Communist... Amazingly... you hear constant praise for the Communists ability to "get things done" coming from WALL STREET FAT CATS...!!
Who knew that the Wall Street Fat Cats were such lovers of the efficiencies in planned economies...!
Republican style Capitalism has failed miserably... As practiced in the US...it end in smash and grab looting and greed...just as Marx said it would...What Marx failed to see was the Chinese version of Communism...where a centralized state works with the "greed" of private parties to build a booming economy... (Of course, having really cheap labor helps...)
The problems in the US and in Europe...have no cure... All economies are local and the global economic experiment is ending badly yet again... (This isn't the first attempt at a global economy...its been tried before and always fails)....or ends in wars... In fact wars and globalism are historically tied together...
PEACE IS MINDING YOUR OWN BUSINESS... GLOBALISM AND WAR IS WHEN YOU START MINDING SOMEONE ELSES BUISNESS...
Likely we will need a Chinese Style Central Planning "Communist Style" economy before this ends...
I suggest that we don't call it "communism" or "socialism"...
I suggest we could call it a "banana"...and that would work just fine...