Defining American Capitalism

The United States is not facing the same level of impending demographic crisis as Europe or China. However, it is facing an unavoidable decision about the fundamental definition of its economy. What is the nature of this decision? What are the implications? Why has it taken so long to address this challenge? We’ll provide the answers.

As we’ve explained previously, the economy is at the inflection point between the Installation phase and the Deployment phase of the Fifth Techno-Economic Revolution (Informat.....