Capitalism Is a Product of the Price System

capitalism, far from encouraging productivity at large, makes things inefficient on purpose. In the 19 forties a hundred electric rail lines were bought up and destroyed by car companies. The most violent forms of sabotage are reserved for productive systems that are simultaneously efficient an outside of capitalist control altogether. This is what veblin calls business business: power that extracts wealth fromidust by means of sabotage production to serve human need.