The US has insulated the economic decision makers from consequences in the same way as centrally-planned economies like the USSR. We're seeing the same poor per

The US has insulated the economic decision makers from consequences in the same way as centrally-planned economies like the USSR. We're seeing the same poor performance now. For example, the tech sector spend the 2010s chasing dumb ideas like metaverse/vr, crypto, voice assistants, and so on. But it didn't lead to any shakeup or consequences for the people in charge. The same firms, investors, and executives were in power in 2020 after a decade of stagnation and failure. They are insulated from any upstart competition by strong monopolization and increasingly, capture of the state itself.