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You do realize that we have roughly 3-4 millenias of technological advancements, before we even invented early capitalist theory? The vast majority of human history contradicts your statement.
technology advances because people in power pay for it. it doesn’t passively increase.
societies eventually stagnate without capital investments into technology.
You do realize that we have roughly 3-4 millenias of technological advancements, before we even invented early capitalist theory? The vast majority of human history contradicts your statement.