Comment on Capitalism only asissts innovation for the first few years of existence. After that its a grift.

xor@lemmy.blahaj.zone ⁨2⁩ ⁨days⁩ ago

In the last ~10 years humanity has developed:

New technologies tend to have long lulls while being developed, followed by a rapid series of developments when those technologies become viable and in turn provide the base for new technologies.

Yeah, there’s always grifters, but there’s also always tons of people working really hard to create new advances for the benefit of mankind. Capitalism is definitely flawed (understatement) but relative to say, feudalism, continues to be a very efficient way to allocate resources when used in a well managed economy.

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