Capitalism is DYING In The West
Analyzing the Decline of Western Capitalism and Evaluating Global Alternatives
Understand why core capitalist tenets are eroding in the West and discover which emerging markets now offer better operating environments for true entrepreneurs.
Short Summary
- Capitalism’s approval rating is falling significantly in the US, driven by political shifts toward socialism and government intervention (e.g., golden shares).
- Many Western businesses face reduced global competitiveness due to geopolitical unpopularity and rising government involvement in enterprise.
- True capitalists should prioritize relocation and corporate structuring in jurisdictions that actively support free-market principles and minimal regulation. This discussion uses recent polling data and real-world examples to argue that traditional Western economies have fundamentally changed, requiring international diversification for wealth protection and freedom.
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Top Comments (10)
Oligarchs have always reserved socialism for themselves but the poor have to rely on rough capitalism.
Free market capitalism is capitalism. USA hasn’t had capitalism is a long time
As a business owner who has been a digital nomad for 4 years and lived in 6 countries, I agree there are big problems in USA. When 5 individuals, like Musk, Bezos, and a couple others, have as much wealth as half of the world’s population, I think unchecked capitalism/greed is part of the problem.
We have crony capitalism. That stock/crypto collapse on Friday was coordinated. Almost all profits go straight up to shareholders. Poverty is spreading very quickly. If we don't find a way for people who work full time to afford basic food and shelter, civil war is coming.
Wait this guy is always talking about Malaysia and they have universal healthcare and other social programs 🤷♂️
S&p 500 companies... They're so big that they're no longer solely American companies. They're full on international companies
The elite have foisted satanic marxism on the free west for a century and now we are seeing the final stage corruption and collapse. The long slow march through the instititions was not even challenged.
My daughter and I are moving to Albania in three weeks, from Michigan. That time cannot get here fast enough.
You mentioned Singapore as very free market nations - which is true. In fact, it's the most free market nation in the world according to the 2025 Heritage Foundation Economic Freedom Index. But... there are some nuances that you must see below the surface as far as Singapore is concerned that makes Singapore NOT be 100% free market yet be economically very successful: 1) The government of Singapore owns 90% of the land in Singapore. Thus, Singapore practices Georgism, which is an economic system that is mainly free market but with the government/community owning virtually all of the land. 2) Singapore has prominent number of State Capitalist enterprises in which the government of Singapore owns these state capitalist enterprises. These Singaporean State Capitalist enterprises helped fuel the economic prosperity of Singapore. 3) Singapore has a successful public housing program where 80% of Singaporeans "own" their government subsidized flats through 99-year leases. It's this public housing program that fixed the housing and slum problems that Singapore has at the beginning. 4) Singapore has a taxpayer funded social safety net through programs like a government provided subsidized health insurance program. 5) Singapore has a progressive income tax system. Singapore's progressive income tax system taxes residents' chargeable income at progressively higher rates as their earnings increase. The first S$20,000 of income is not taxed, while the highest marginal rate of 24% applies to income exceeding S$1 million. The first S$40,000 is taxed at a marginal rate of 3.5% (after the initial tax-free amount). The next S$40,000 is taxed at 7%. The highest rate of 24% is reserved for chargeable income above S$1 million. Thus, having strategic State Capitalist enterprises is not a bad idea and likely could be a good idea with positive outcomes.
i'm an old time labor unionist and environmental activist-- funny nomad capitalist and i are converging on the same countries. I'm pivoting and building an online business for a digital nomad visa to Uraguay. USA has gone bad. Uraguay pretty much does what I think government should do already. I could go there, retire from politics, and grill Asado.
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Top Comments (10)
Oligarchs have always reserved socialism for themselves but the poor have to rely on rough capitalism.
Free market capitalism is capitalism. USA hasn’t had capitalism is a long time
As a business owner who has been a digital nomad for 4 years and lived in 6 countries, I agree there are big problems in USA. When 5 individuals, like Musk, Bezos, and a couple others, have as much wealth as half of the world’s population, I think unchecked capitalism/greed is part of the problem.
We have crony capitalism. That stock/crypto collapse on Friday was coordinated. Almost all profits go straight up to shareholders. Poverty is spreading very quickly. If we don't find a way for people who work full time to afford basic food and shelter, civil war is coming.
Wait this guy is always talking about Malaysia and they have universal healthcare and other social programs 🤷♂️
S&p 500 companies... They're so big that they're no longer solely American companies. They're full on international companies
The elite have foisted satanic marxism on the free west for a century and now we are seeing the final stage corruption and collapse. The long slow march through the instititions was not even challenged.
My daughter and I are moving to Albania in three weeks, from Michigan. That time cannot get here fast enough.
You mentioned Singapore as very free market nations - which is true. In fact, it's the most free market nation in the world according to the 2025 Heritage Foundation Economic Freedom Index. But... there are some nuances that you must see below the surface as far as Singapore is concerned that makes Singapore NOT be 100% free market yet be economically very successful: 1) The government of Singapore owns 90% of the land in Singapore. Thus, Singapore practices Georgism, which is an economic system that is mainly free market but with the government/community owning virtually all of the land. 2) Singapore has prominent number of State Capitalist enterprises in which the government of Singapore owns these state capitalist enterprises. These Singaporean State Capitalist enterprises helped fuel the economic prosperity of Singapore. 3) Singapore has a successful public housing program where 80% of Singaporeans "own" their government subsidized flats through 99-year leases. It's this public housing program that fixed the housing and slum problems that Singapore has at the beginning. 4) Singapore has a taxpayer funded social safety net through programs like a government provided subsidized health insurance program. 5) Singapore has a progressive income tax system. Singapore's progressive income tax system taxes residents' chargeable income at progressively higher rates as their earnings increase. The first S$20,000 of income is not taxed, while the highest marginal rate of 24% applies to income exceeding S$1 million. The first S$40,000 is taxed at a marginal rate of 3.5% (after the initial tax-free amount). The next S$40,000 is taxed at 7%. The highest rate of 24% is reserved for chargeable income above S$1 million. Thus, having strategic State Capitalist enterprises is not a bad idea and likely could be a good idea with positive outcomes.
i'm an old time labor unionist and environmental activist-- funny nomad capitalist and i are converging on the same countries. I'm pivoting and building an online business for a digital nomad visa to Uraguay. USA has gone bad. Uraguay pretty much does what I think government should do already. I could go there, retire from politics, and grill Asado.