Good read. Innovation vs Inequality The basic premise of - TopicsExpress

Good read. Innovation vs Inequality The basic premise of capitalism in its present (US centric) state is highly inefficient and actually lacks all the elements which advocates of the US way of life always propagate. Inequality and cut throat capitalism do not produce more innovations; only a rent seeking method of patenting and creation of clusters of innovation. The US economy is destined to continually cycle through depressions and bubbles unless it creates a more traditional and balanced economic policy. Imagine if you could have a more equal AND efficient system.

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