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Joined 1 year ago
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Cake day: July 5th, 2023

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  • I found this interesting tidbit in Wikipedia trying to find where I read my source.

    • Capitalism 1.0 during the 19th century entailed largely unregulated markets with a minimal role for the state (aside from national defense, and protecting property rights)

    • Capitalism 2.0 during the post-World War II years entailed Keynesianism, a substantial role for the state in regulating markets, and strong welfare states

    • Capitalism 2.1 entailed a combination of unregulated markets, globalization, and various national obligations by states

    You’re right … It sounds like we need another paradigm shift. Fuck web 3 … we need Capitalism 3 …