Economics has not only outgrown the dichotomy of capitalism and communism but also many other 'isms

Economics has not only outgrown the dichotomy of capitalism and communism but also many other 'isms' . 

It follows the path of real issues and events to address real problems as per the various dimensions of the socio- economic fabric or rubric ( should I call that so) of every region and it's role in the global arena , fine tuning simultaneously to the dynamics and kinetic growth of from within as well as impacts from outside.

Similar is the sociopolitical arena which has outgrown the dichotomy of Right and Left.

The world has and is constantly evolving beyond the static templates that we think can be used for shifting priorities and drifting values. 

So , it scripting solutions to actual needs, factual issues and fictional expectations are beyond the realm of  most existing templates however great or good they might have been in the past.