My guess is that Capitalism’s best-before date was some time before 1970. The energy crisis of the 1970s opened some of the cracks, but the flaws of extreme Capitalism were already there.
I prefer to think of it as engineering the economy.
Manufacturing is part of the picture. The labour market is, I reckon, a bigger part. That raises issues like a Universal Basic Income and Jobs Guarantee. Totalitarian Capitalism is unhealthy. We need to be looking after the welfare of the nation as a whole.
