Comment by oortcloud

Agreed. And if I can make a plea to anyone who wants to comment on this thread -- please make your comment without using the words "capitalism" or "socialism" since neither word has a proper, consensus definition. Using those words will just lead to tedious flamewars with people talking past each other and rehashing old debates. Rather, talk about the underlying structure of incentives that create this dynamic, and how incentives can be changed, if they can be at all.