The free market in the US has created the biggest corporations known to mankind. However a drive to monopolise an industry doesn't necessarily equate to technol

The free market in the US has created the biggest corporations known to mankind. However a drive to monopolise an industry doesn't necessarily equate to technological advancement. In fact often it can lead to the opposite effect where there is a lack of motivation to innovate once market penetration reaches a certain threshold. The ironic thing is the free market in the US seems to be a one way street. There's a push for deregulation whenever it allows corporations to behave with moral ambiguity. However corporations often love legislation if it raises the barrier for entry for new start ups wishing to compete. But going back to your original point, there have been plenty of great technological advances from China and Europe. Easily more than enough to dismiss your insinuation that the US has a monopoly on technological advancement, let alone the wider point regarding free markets.