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It is a widely held belief that capitalism generates innovation. The argument seems simple enough on the surface, but when put to the test, it
It is a widely held belief that capitalism generates innovation. The argument seems simple enough on the surface, but when put to the test, it doesn't hold up very well. Why do people believe that capitalism leads to transformative innovation? Why is that belief inaccurate or, at the very least, incomplete? What forms of technology does capitalism provide and what forms of technology are outside the realm of what makes sense for capitalist businesses to pursue?
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