For world system theorist, Immannuel Wallerstein capitalism will collapse or transform because it relies on imperfect markets, whereas globalism is moving us toward a perfect market wherein profit will be more difficult to achieve. Second, the flight to cheaper wage areas is decreasing as the areas decrease. Third, it is harder for capitalists to externalize costs as social movements and states force them to internalize costs. Fourth is the decline of state legitimacy, neces sary to create the temporary or relative monopoly for capitalism to make a profit. Alternative economist Hazel Henderson argues that, through the new information and communication technologies, middleman and money can be eliminated.
More information means better, smoother markets.
Kevin Kelly, James Dator and others speak of an era of abundance, where economies run better through the sharing of wealth, and not in its monopolization. More for others means more for me, for all, what Henderson calls the economics of love. A system where profit comes through cooperation spells doom for a system based on the economics of scarcity and competition. Indian philosopher and author of Proutist Economics, P.R. Sarkar, takes a different route, arguing that capitalism will collapse like a fire cracker, since individuals cannot express them selves in the system. Another indicator is when entrepreneurs are taken over by managers, that is, when intellectuals either become co-opted by the system or are forced into roles that don't match their mental ideals.