this post was submitted on 21 Aug 2026
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[–] ZombieCyborgFromOuterSpace@piefed.ca 150 points 2 days ago (5 children)

"Capitalism breeds innovation."

Also capitalism:

[–] Croquette@sh.itjust.works 83 points 2 days ago

One of the biggest lie to keep the current system in place.

Private corporations parasite themselves into R&D paid for by the government and act like they invented the fire again.

The Internet is built on FOSS and got captured to be sold back to us.

Capitalism breeds innovation just like people leave their partner when they finally have enough to be abused.

[–] luciferofastora@feddit.org 38 points 2 days ago (1 children)

Competition breeds innovation. Commercial pressure can be one source of such competition, but isn't the only one.

Capitalism abhors competition. It breeds innovation only if it serves to eliminate competition.

[–] Lettuceeatlettuce@lemmy.ml 12 points 1 day ago

Absolutely correct, Capitalism will incentivize innovation only as long as it's profitable to do so. Once a company becomes a dominant player in their industry, innovation actually becomes largely unprofitable.

We can see this play out all the time, this is why industry giants almost never try to outcompete smaller start ups by innovating their products and services, instead, they either crush them out of the market via a bunch of different methods. Or they just buy them out, kill off their IP, or if it's way better, they just brand it as their own, and usually fire most of the old staff.

In a Capitalist system, this actually creates a whole new incentive structure where start ups will try to grow as fast as possible with the sole intention of getting bought out by an industry titan, making the founders of the start up filthy rich.

[–] zaphod@sopuli.xyz 18 points 2 days ago

Capitalism breeds protectionism.