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> as much innovation War. Wartime has always been a fantastic generator of innovation. It unfortunately destroys mass amounts of capital and kills and wounds m
by munificent 6y ago
> as much innovation
War. Wartime has always been a fantastic generator of innovation. It unfortunately destroys mass amounts of capital and kills and wounds many people in the process.
> wealth, and prosperity
Charity and taxpayer-funded government investment. The Marhshall Plan dramatically improved the prosperity and efficiency of much of Europe and was paid for by US taxes. The Green Revolution was funded by the US, UN, and Rockefeller Foundation.
Capitalism is a valuable tool, but too many accolades are laid at its feet these days.
- akimball 6y agoCapitalism is the only tool for insuring plutocratic fascism.