> Driving prices to 0 is not incentivized at all, in fact quite the opposite. The current system incentivizes driving prices as high as humanly possible in orde

> Driving prices to 0 is not incentivized at all, in fact quite the opposite. The current system incentivizes driving prices as high as humanly possible in order to allow the investors to take get as much of a return as they can. The two are actually not mutually exclusive. Each node in the market tried to push their own costs to 0 and their own prices to INF. The net effect is what matters, and in a competitive market the net is to move toward 0. Software is a great example. Tons of money pours into it specifically because products can be provided with near 0 marginal cost. > To follow up, these ideas that the Capitalist free market system and competition incentivize innovation aren't actually founded in empirical research of any kind. It's pure theorizing and it's theorizing based on a house of cards of bad assumptions If you ignore the largest most comprehensive experiment on the planet, the global market, then sure. Markets with stable, enforceable, property laws do better than any other setup.