Frank Apisa wrote:
In order for the concept of capitalism to work...it had better bastardize into an amalgam of free enterprise and socialism. Or it is going to be a bright flash of light that worked well under favorable conditions...but was not able to endure. Whether the crazies on the right will allow us to make the necessary adjustments is still to be determined.[/b]
What we and the rest of the Western world, from Finland to Australia, have today is an amalgum of free market capitalism, government regulation, and social democrat policies. It is already "bastardized" to use your inelegant phrase.
Russia is an economic basket case. China is still evolving and moving (slowly) in the direction of more capitalism and (slightly) more individual freedom. There are, at present, no serious competitors to the amalgamated capitalist system we presently have, and I believe the "flash of light" you describe will last a long time.