Talk:Scenario: Capitalism/@comment-1418216-20150502105105

That's stupid. What breaks down technological development is government intervention on market issues. A free market is based on competition and enterprises trying to do their best in order to offer a better product (in terms of both quality and cost) to consumers. If you look at the list of most economically free countries, you will see they are proportionally the most prosperous and technologically advanced (i.e. Japan, Hong Kong, Singapore, Australia, New Zealand). You can even compare countries with a bit less restriction (like Norway or Sweden) and state they have higher social indicators such as HDI, but there is too few private initiative in these countries, what makes technology inovation a slow proccess and the tendency is that they will became third world-like countries in matter of decades. What a "resource-based economy" (what is nothing more than an excuse for socialism) brings to society is poverty and authoritatianism (like Cuba, North Korea, China and the USSR). Think a bit more about it: what brings TRUE technological advancement: a free competitive market or a resource-based economy?