Earlier quoted context omitted.
> The race to the bottom is all around us. You live in SF by chance? Because globally and historically that’s absolutely not what the data says about markets.
Any system that is in control and doesn't actually manage to stop progress can make this claim, monarchies and socialist systems included. Capitalism is very good at maximizing the amount of money available for investment, so it probably is uniquely qualified to make a claim to be the best system for encouraging progress, but just as clearly it aggressively funnels technology down paths that are tuned for maximum val…
In this context, if you start using the words "creation", "production" or even "availability" rather than "extraction", I think your perspective will change drastically.