The Decline of Capitalism: The Upcoming Post-Capitalistic Society
By Mel Hathorn
()
About this ebook
The workforce will create a post-capitalistic society. Probably within 20-30 years. Capitalism will be doomed because of the work force. This is because not only are jobs being outsourced, but work is becoming more and more automated. If a job or career can be outsourced or automated, it will be. This is really common sense. If there are no jobs, and when people can’t afford the next meal or a place to stay, who is around to buy the washing machines, cars or TVs? Even Henry Ford—a scrooge if ever there was one—when criticized by his peers for paying his workforce $5 a day,—answered his critics by saying, “If my workers don’t have money, how are they going to buy my cars?”
place to stay, who is around to buy the washing machines, cars or TVs? “Nature abhors a vacuum” and something will replace capitalism. There are those who will promote a fascist state, a plutocracy, or a corporate state. Or a hybrid of these. They will try to deceive everyone into believing there is no other choice. They will play on fears of terrorism, chaos and social breakdown.
We will learn what daily life was like before three major events of 400 or 500 years ago; understand the power and influence of these three events, how they impact us today and what can be done now to reduce their negative impact; understand the gilded age of the post-Civil War period and how capitalism is creating a new gilded age; explore the Twentieth Century and understand why we will see the decline and fall of capitalism within the next twenty or thirty years; reflect on current work practices and how work or the lack thereof will lead to the fall of capitalism; and, learn about alternative systems beside fascism that can replace capitalism.
Mel Hathorn
Born and raised in Wilmington, Delaware, Mel has in his varied career taught literature and history, piloted planes, and traveled extensively across the United States, Europe, Greece, the former Soviet Union, and Central Asia. He has a Masters Degree in Teaching. Melvin Hathorn is currently a teacher of college literature and history at Albertus Magnus College, and a historic interpreter at the Mark Twain House in Hartford, CT. He has piloted planes and traveled across the United States, Europe, Greece, the former Soviet Union and Central Asia. He has presented workshops around the country as an educator, behavioral therapist, and teacher with over 20 years in the training field. He has published three novels, The Prisoners Dilemma, Celts and Kings, and The Castlereagh Connection. More information can be found at his website, http://www.authorsden.com/mel.
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Book preview
The Decline of Capitalism - Mel Hathorn
The Decline of Capitalism:
The Upcoming Post-Capitalistic Society
Part I
By Melvin Hathorn
Copyright 2019 Melvin Hathorn
Smashwords Edition
This eBook is licensed for your personal enjoyment only. This eBook may not be resold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to your favorite eBook retailer and purchase your own copy. Thank you for respecting the hard work of this author.
Table of Contents
Part I Introduction
Part II Three Revolutions
PART III The Victorian Period (England) and the Gilded Age (America)
Part IV The Twentieth Century
Part V Where Do We Go From Here
About Mel Hathorn
Connect with Mel Hathorn
PART I Introduction
Hello. Welcome to The Decline Of Capitalism: The Coming Post-Capitalistic Society. This report discusses the decline of capitalism through the lens of the workforce. It is my belief that the declining quality of the workplace and the rise of the corporate super-state are symptoms of an economic system run amok. Today’s workplace is the result of a capitalism that seeks only profit and power; these values along with fewer and fewer employees are creating the sunset of capitalism.
I’d like to start with a question: how do you spend your time? What takes up your day? If you are like most people, you will probably say, My job!
or if you are a student, you will say, School!
You probably spend most of your time at school or at work. These days a forty hour work week has expanded to 60 or 70 hours per week, time that could be spent on more fulfilling activities.
My name is my name is Mel Hathorn. I have spent almost 30 years in the classroom and have taught at all levels from elementary through college. I have taught college courses including Government, Business Ethics, Political Philosophy and U.S. History.
One of the things I have learned over my years of teaching is that the workforce will create a post-capitalistic society. Probably within 20-30 years. Capitalism will be doomed because of the work force. This is because not only are jobs being outsourced, but work is becoming more and more automated. If a job or career can be outsourced or automated, it will be. Below are some jobs expected to disappear in the next 20 years:
Cashiers
Umpires and Referees Replaced By Robots
Coal Miners
Postal Workers
Loan Officers and Insurance Agents
College Professors and Teachers
Travel Agents
Voice-over Artists
Telemarketers
Librarians
Fast Food Workers
Property Advisors/Dealers
Software Developers
Waiters
Accountants
Stock Brokers
Farmers
Telephone Operators
Data Entry
Tailors
Factory Workers
Taxi Drivers
The upcoming result will be more and more employees laid off as their work is outsourced or replaced by technology, or they may have their offices closed and put out of business because of mergers, and acquisitions. Many are coming to a new belief: if your job can be replaced by technology, it will be.
All of these disruptions will result in an ever-increasing burden on society.
According to a Huffington Post Article posted 1/22/2018, many people around the world are losing faith in capitalism. Below is a short selection from that article:
DAVOS, Switzerland – People in the United States and other developed countries are losing faith in the capitalist system to improve their lives, according to a new global poll commissioned by the World Economic Forum, published on the eve of its annual meeting in Davos, Switzerland.
Almost two-thirds of U.S. respondents said it was no longer commonplace for hard work to be a sure path from poverty to riches, with only 10 percent saying it was extremely common.
The lack of faith in the current system to deliver upward mobility was even more marked in Western Europe, where only a fifth of respondents said it was common to be able to start poor and become wealthy through hard work.…
This is really common sense. If there are no jobs, and when people can’t afford the next meal or a place to stay, who is around to buy the washing machines, cars or TVs? Even Henry Ford—a scrooge if ever there was one—when criticized by his peers for paying his workforce $5 a day,—answered his critics by saying, If my workers don’t have money, how are they going to buy my cars?
If capitalism fails, what will replace it? Nature abhors a vacuum
and something will replace capitalism. There are those who will promote a fascist state, a plutocracy, or a corporate state. Or a hybrid of these. They will try to deceive everyone into believing there is no other choice. They will play on fears of terrorism, chaos and social breakdown.
If this is true, we need to take preventive action now to keep this from happening. We must decide what replaces capitalism. We need to be able