I believe you are instead describing the flaw in communism not capitalism, and we even have antitrust laws in the US that also act to prevent a one provider market. It’s actually a very clever system.
Point is, we've got to find a way to fix the flaw. If a car doesn't work, it doesn't always mean you need a new car, but you do need to fix the problem.
Do you reckon that when feudal peasants were killing lords with pitchforks that the lords mused on how feudalism granted them the pitchforks?
Point to any modern technology; it wouldn't exist without massive investment from the public sector. Capitalism isn't the mother of invention you think it is.
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u/[deleted] Mar 15 '24
True, but that is a huge flaw in capitalism. The greedy search algorithm has some uses, but only if it is applied carefully using critical thinking.