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hackyhackytoday at 1:28 AM4 repliesview on HN

This quote has nothing to do with capitalism.

Please note that "commerce" and "capitalism" are not synonymous, and that the former does not imply the latter. Capitalism is in no way a prerequisite for technological development.


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sophrosyne42today at 9:43 AM

"Capitalism" is an ever shifting ambiguity that exists to be a scapegoat to attack but is completely meaningless in its concrete usage by the attackers.

But "capitalism" in its historical and practical meaning means nothing other than commerce, i.e. the society based exchange, the system of production based on exchange. It was only through capitalist accounting methods that businesses were able to conduct commerce in such a way as to contrast costs and proceeds, and therefore create the optimizations that lead to mass computer production or, what is the same, cheap computers for the masses.

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tick_tock_ticktoday at 6:21 AM

I mean we don't really have any counter examples even China didn't really start advancing in any meaningful way until they started moving towards capitalism.

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CamperBob2today at 1:32 AM

Capitalism is in no way a prerequisite for technological development.

Really? Who else builds stuff?

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WalterBrighttoday at 7:48 AM

> Capitalism is in no way a prerequisite for technological development.

Communist countries copied technology, their inventions are very few. Capitalist countries routinely exhibit rapid technological development.

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