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The question is more of what society values. One can make an excellent case that Capitalism is suboptimal, but of course it is ruthlessly efficient. The two are

• matt4077 10y ago
  It's actually not, is it? Massive amounts of productivity are wasted on ideas that fail. Massive amounts are used for duplicative efforts. Massive amounts are used in endeavours that are mostly zero-sum, such as marketing or lawsuits. Massive amounts are wasted in the administration of capitalism itself, i. e. financial markets. Massive amounts of potential consumer benefits cannot be accessed because capitalism requires artificial scarcity for goods with 0 marginal costs. Yes, it's the most effective system we know for some goods. But some people seem to believe that it is somehow provable efficient in an absolute sense, which it clearly is not.