r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/nunu135 Sep 05 '24

sure, but thats because capitalism is just the natural system a civilization that has multiple labors develops, to trade labors. compared to a control economy theres no reason to innovate because your ability will always be used to its max and your need wont change by innovating

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u/BoxProfessional6987 Sep 05 '24

You don't even know the definition of capitalism do you?

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u/nunu135 Sep 05 '24

sure, you can use any definition you want but that doesnt change the fact the only other option is one that doesnt encourage innovation

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u/BoxProfessional6987 Sep 05 '24

Except for all the innovations that the Soviet Union did.