Capitol Hill Blue Forums Political Issues Finance, the economy & Economics The Debate: Is America’s future capitalist or socialist?

I have long believed (not being an expert on economics) the fundamental flaw of capitalism is its predication on the premise infinite resources exist to be utilized.

I suppose this is precisely the reason petroleum interests have posited there exists almost infinite petroleum reserves or regenerating/creating reserves, as they have to recognize the limitations of finite proven reserves i.e. it comes to an end. If capitalist economies are built on oil then only irrational players would continue this folly.