To add to @LibertarianRage’s post - We also must answer the question as to why capitalism continues to lose the ideological battle - in my view it’s because we never actually had capitalism in human history. This is the first time and people believe we achieved all this prosperity thanks to science and progress. I was one of them. I even got my bias confirmed, since I studied philosophy in college and that’s how they explain prosperity. One day, Galileo and Bacone woke up and invented science and so everything became science and progress. Not a single word on how you can make science if you can’t have private property to experiment and then start producing shit based on available resources.
But that’s not it.
People who get a degree in economics also don’t know shit about economics. Just by listening to podcasts I probably have more hours of economic knowledge built up than the average graduate. All the people I’ve met that studied economics, they don’t give a shit about it. I don’t know how it’s possible, but it is. Nobody knows shit about the Austrian school, the Chicago school, etc. Sometimes, some faggot knows who Keynes is or has heard of Krugman. When they teach macroeconomics, they always make the example of the lake, where one guy gets a lot of fish and the other none, which also results in fish extinction and implies that we need State regulation (no words on having the lake owned by someone who then decide who can fish and who can’t).
Honestly I could write all day about why we’re in the shit: the Jews, State-funded education, lack of hierarchies, race, women voting, crony-capitalism, the State giving away loan and privileges, closed professions, etc etc.
In the end none of it matters. The simple explanation is that capitalism has been a great gift from Western Civilization, but it’s not something that humanity can hold on to and maintain long term. It never happened, it never will.
Yes, we should try to make a last stand, but it’s gonna be difficult. My only hope is that while I was naturally inclined towards liberty, I never understood the economics behind it as well as I do now. If I can change, so can other people.