Quote:
Originally posted by Strange Famous
It is true that capitalism has given us huge technologicla advances... but to give your example of the Space Race... once the competition had been won, and now that Russia has pulled out altogether, we have seen that space technology has not really progressed a great deal since the 70's in very many area's - once the competive or profit motive dissappears, there is nothing to drive the technology.
|
Thank you for proving my point completly. You may notice that I did not say capitalism promotes innovation, i said competition. Capitalism does not require competition but not having it is detrimental. This is why capitialism in the US is not allowed unchecked, there are balances, laws, and regulations that prevent exploitation and market power.
Communism on the other hand completly lacks competition which is very detrimental. There is no drive to innovate. If something works why fix it right? If were were truely communism a techology would be invented but never greatly improved upon.