Marxism failed some time ago. It's beginning to look as though capitalism will soon fail as well, if it has not done so already.
The cause of capitalism's downfall is clear: People with a lot of money can purchase politicians and propagandists, and thus will always work to destroy government regulation. Without regulation, the financial system implodes -- just as our streets would become too fearsome to navigate if all cops and streetlights disappeared.
What we need are some truly new
ideas, not warmed-over 19th century notions. Get thee behind us, Adam Smith and Uncle Karl. Let's rethink this thing from the ground up.
I hereby propose a unique, never-before-tried, previously unconsidered and stunningly original economic system: Universal Cannonism
How does it work? I don't know. Frankly, sorting out the details strikes me as fit labor for pedants. (If you would like to try your hand at it, be my guest.) The important thing is to start with the right nomenclature. Get the name right and everything else will fall into place.
Universal Cannonism. I have seen the future.