ABSTRACT

It is widely accepted, although not scientifi cally or logically proven, that the technical advancement of today’s societies is due to capitalism. It is also widely accepted that globalization is the fruit of both capitalism and technical advancement (mass transportation, telecommunications, etc.). Since modern human societies have not had the chance to experience societal systems other than capitalism or socialism, accumulation of human knowledge has been largely associated with capitalism. It is not the place here to explain that the acceleration of human knowledge is not due to capitalism, nor is it also the place to argue that other societal systems if given the chance could produce more appropriate human knowledge than capitalism has produced (nuclear reactors for example). Yet, accepting the association between current human technical achievements and capitalism (although refutable), one should ask a central question: is capitalism as a producer of contemporary technical advancement the best among other systems to maintain and even develop such advancement? Or, could capitalism be the best societal system to continue governing today’s global character?