Is America anti-innovation?

It’s hard to imagine a more irrational way to organize society. Capitalism prides itself on allocating resources well – if it creates inequality, its defenders argue, at least it also creates growth. Increasingly, that’s no longer the case. In its infinite wisdom, capitalism is eating itself alive. A saner system would recognize that innovation is too precious to leave to the private sector and that capitalism, like all utopian projects, works better in theory than in practice.

Read on: America has become so anti-innovation – it’s economic suicide

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