If that’s true, then why is capitalism still around? Should it have died out in a previous generation in which many products did last a lifetime?
If that’s true, then why is capitalism still around? Should it have died out in a previous generation in which many products did last a lifetime?
It did. We are currently on the fourth or more reinvention of capitalism. It's like ethernet - every time networking technology changes, the new one is called the same thing as the old one. The current fiber-optic switched Ethernet has absolutely nothing in common with the original vampire-tapped coax with media attachment units clamped onto the cable and a serial-port-looking AUI interface running down from the ceiling to the computer. Same for capitalism.