Remember, pure capitalism is a marketplace where governments, laws, or restrictions do not exist.  All resource allocation in such a society is solely determined by unfettered market forces.  In this society, there are no nations, morals, ethics, or principles; everything is for sale, as caveat emptor.

Is this the type of economic ideology, pure capitalism, you wish to live under?

Your position above seems misguided.

Any pure economic ideologies will fail, as that is what history has shown up to this point.  There is no country that is purely capitalistic, socialistic or communistic, as all economies on this planet are some form of hybrid economic system.  Some are more capitalistic like the US, while others are more socialistic like China. 

The degree of any nation, as to how much capitalism, socialism, or communism they determine for their own respective economy, primarily depends on the amount capital and labor that is currently available, their level of technological progress, and the current wealth distribution among its populace.

I think you would struggle to find any conservative who wants pure, unfettered capitalism.

I think you would struggle to find any conservative who wants pure, unfettered capitalism.

Are you effing serious? Any “pure ideology” is to an extreme. It doesn’t take a “practicing economist “ to see that. Whiskey Tango Foxtrot.

His position is misguided? I guess it would be for anyone with such a narrow world view with such disdain for American “imperialism” and who thinks going back to what life was in 1890s would be better. Talk about a pipe dream. Wake the eff up!!!

You no longer offer any entertainment value.  One can only enjoy the same shtick so many times before it becomes monotonous.

Talk about a pipe dream. Wake the eff up!!!

I'm going to loosely paraphrase a famous Economist
Tomas Sowell.
Socialism is when the government owns the means of production and controls what is produced.
(China is a good example).
Facism is when the government directs the privately owned means of production what to produce.
(This is what we have in America).
Capitalism is what happens when production is dictated by what a free market wants produced.
( This is the drug trade).
Comments in parentheses are mine.
I agree all things are Hybrid.

I prefer Capitalism. It is heartless and cruel.
But it is Freedom.
I would add just a tinge of fascism to keep it a little
safe and fair.
I think it is called a Republic.

On the contrary, I would go so far to argue that there does exist conservative ultrawealthy, who would LOVE a return to some sort of FEUDAL pure capitalist society, where social mobility and the rights of man does not exist.

Slaves, serfs, or indentured servants, it all does not matter to them, as long as they are the emperors, kings, or lords of society and the people live their lives to serve them.

VICTORY!

All hail the Kingdom of Hawaii and the American Republic!

Show them to me and I will admit I am wrong.

Here's your trophy, little boy.

Please read the following to get a sense of how the ultrawealthy have betrayed their fellow citizenry.

https://www.theguardian.com/commentisfree/2016/apr/25/america-wealthy-class-betrayed-inequality


Please see the following to get a picture of how a neo-feudal society led by the ultrawealthy is reawaking on the planet.

https://nypost.com/2019/12/25/how-america-is-reverting-back-to-the-feudal-age/

https://prospect.org/economy/rise-of-neo-feudalism/

https://quillette.com/2019/06/19/what-do-the-oligarchs-have-in-mind-for-us/

I do read the stuff you reference.
" Virtually all their human resource emphasis relies on cultivating and retaining a relative handful of tech-savvy operators."
Since I'm one of those guys, who is quite poor but hanging on,  and typing this as I wait for my electrician to show up.
I thought I'd add a comment.
People like me can put a large proportion of the population out of work.
We can design, build, program, and repair machines
you call them "robots" that can do a lot of the more of the tedious
tasks that historically we hired the less capable people to do.
Not everybody can do critical thinking and analysis.
The problem we all face is what do we do with the people we don't need?
The world keeps making them, and morally we have to recognize their rights.
I think that is the true challenge of the future.
Not what your race, culture, or past indignities were, but how to face a future,
where a significant part of the population is "useless".
This isn't Star Trek Next generation.
This is Hawaii, America, and the world.

Please read the following to get a sense of how the ultrawealthy have betrayed their fellow citizenry.

https://www.theguardian.com/commentisfree/2016/apr/25/america-wealthy-class-betrayed-inequality


Please see the following to get a picture of how a neo-feudal society led by the ultrawealthy is reawaking on the planet.

https://nypost.com/2019/12/25/how-america-is-reverting-back-to-the-feudal-age/

https://prospect.org/economy/rise-of-neo-feudalism/

https://quillette.com/2019/06/19/what-do-the-oligarchs-have-in-mind-for-us/