3 ms·
That is not the whole story. Capitalism likes the following process (if you can say capitalism "loves" anything, which isn't quite right. It's more like the abu
by vouaobrasil 3y ago
That is not the whole story. Capitalism likes the following process (if you can say capitalism "loves" anything, which isn't quite right. It's more like the abusers of capitalism love this):
1. Create scarcity,
2. Flood the market to reap short term gains with market-disrupting technology
3. Creat new scarcity by creating new products