Readers' Blog: What if growth was no longer needed?

There is much talk of markets in recent economic discussion. World; single; free. 

Sadly very few free markets still exist; the majority are enslaved by gross overproduction and unless something is done about it, the capitalist system which has created the most successful and potentially beneficial time ever experienced by the human race is in deep trouble.

Communistic revolution is no longer needed to “do away” with capitalism; it is doing a great job of bringing about its own demise. Economic freedoms are being destroyed by the phenomenal success of capitalism itself. The theory of capitalism is based on encouragement and reward of producing more, better, cheaper, and faster. Economics operated sluggishly throughout most of history but experienced extraordinary and phenomenal growth of ability and wealth over two centuries of inspired invention and innovation which created the bedrock on which capitalism was founded. The wonderful success was facilitated by increasing demand from rapidly expanding and affluent populations which guaranteed substantial shortfall between what could be produced and what was needed for consumption. In other words there was a market for everything that capitalism could produce.