Capitalism is relatively new and still evolving on the human timeline - going back no further than the Medici of Florence and then modernizing in the Netherlands of the 18th century before reaching full early bloom in London and then in the 19th and 20th centuries in New York - the mantra of capitalism has always been a combination of higher productivity + lower material and labor costs + increased demand = greater profits.
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The Capitalist Conundrum
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Capitalism is relatively new and still evolving on the human timeline - going back no further than the Medici of Florence and then modernizing in the Netherlands of the 18th century before reaching full early bloom in London and then in the 19th and 20th centuries in New York - the mantra of capitalism has always been a combination of higher productivity + lower material and labor costs + increased demand = greater profits.