[ExI] Of Flying Cars and the Declining Rate of Profit

[spike]

>. On Behalf Of Giovanni Santostasi
Subject: Re: [ExI] Of Flying Cars and the Declining Rate of Profit

 

>.The article is good, even if does silly mistakes in terminology. The
essence of the article is actually perfectly right: capitalism is not good
for scientific and technological progress, maybe it was good in the past
(really? what about Sputnik) but has absolutely become obsolete today.

Common guys, let's stop justify the unjustifiable.Giovanni

 

 

 

I disagree the article was good, but no matter, we can do a test.  If he
thinks capitalism is bad for science and technology, and that some other
system is better, very well, this world is big and several different systems
exist.  People are a lot more mobile than they used to be, so (as far as I
know) even communist nations do not actually prevent people from leaving.
So any scientist can go anywhere she wants.  So let the systems compete with
each other, see which one produces the most science and technology.

 

In my mind, what is really great about capitalism is that it fosters
competition, and competition fosters excellence.  It settles arguments: lets
have a race.  Let's see who is strongest, fastest, most agile.  Debate on
which system is best?  No problem, let's see which one makes for the best
outcome, as measured in wealth.

 

spike

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