The Future of American Capitalism

What is the future of American capitalism in this century? To answer this question we ask-and attempt to answer-a series of other questions. How has American capitalism changed during the past fifty years? Do the greatest economists say anything that sheds any light on the future of contemporary capitalism? And, what will the future of American capitalism be if any of the following systems is dominant during the rest of the century: market capitalism; regulated capitalism; planned capitalism; and command capitalism. The final conclusion here suggests that both democracy and bureaucratic capitalism will survive this century in the United States— but will do so in few other places in the world.