Comment on The System does not work.

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CannonFodder@lemmy.world ⁨1⁩ ⁨day⁩ ago

Have you noticed the internet? That’s western innovation. There are lots of other examples all around you from the (gmo) food you eat, the medicines you take, the media you consume. There are also many Chinese companies that are now doing very well with renewable tech and EVs - the innovation for these is came from the ownership and competition when the introduction of capitalistic concepts were allowed and encouraged in China.
That’s the point. It’s not a deflection. Capitalism works to encourage innovation. You call it a deflection because what - it deflects the point you are tenuously grasping to try and make? In contrast, communism fails when people just follow the system based on outdated technology because there’s no incentive to find a better way. Obviously some innovation occurred in other systems, but it has to be legislated and managed specifically, whereas by rewarding investment in innovation by allowing ownership has clearly helped speed innovation. That you might argue otherwise is laughable. There are plenty of downsides to capitalism; it’s hilarious that you are fighting the one clear benifit of it.

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