@Vivace
It doesn’t always breed innovation, that is true, yet there are plenty of instances over the entirety of its many forms of existence (good and bad) that it has.
Point being, just because capitalism in its many forms doesn’t always breed innovation, that doesn’t automatically mean that it never breeds, will breed, or has bred innovation, either.
You know, I often wonder how humanity discovered fire with no financial incentive for it.
What innovation did Capitalism achieve? True, it has achieved marvelous technological feats, but whether those are in the interest of humanity is another question.
Take the modern smartphone as an example. It’s true that it is a great technological feat. But the way smartphones act is as a listening device that they can use to spy on us and is being constantly optimised to get us hooked on it. Also they are designed to be fragile so that it’s lifetime is limited to average 2 years. Can we call that innovation?
Seriously though, it’s a terrible argument. Capital is not a good motivator for innovation in the long run, and in many cases, capitalism stifles innovation (see patent law). Think of all the innovation we would see if so much of the world wasn’t distracted by living in poverty.
It’s a terrible argument. To begin with, capitalism stifles innovation. Look at the mainstream film industry, churning out the same old format for decades. Disney using the same format over and over again, and now even simply re-releasing old movies.
Similarly, the videogame industry is a joke in innovation. You get the same videogames every year, with the same cover for every game like the FIFA series. A innovative videogame is rare.
Capitalism doesn’t drive innovation, it kills it. Creative people tend to be indie developers with no money, relying on crowd funding, and usually drowned out from the mainstream.