The current sense of the term in which I use it now is capital-maximizing. If you have money, if you're capitalistic, you should be investing in what can make you the most money, or, if you're bought in to a system, you should be extracting the most "value" from it as possible.
I'm not using it as a political term, rather to describe our current, quarter-profit-maximization system driven by the stock market and public company board + CEO directives for how to run a company.
It's great for efficiently using capital to exploit existing innovations but it's really bad at things like investing in the public, social good of things like healthcare.
I'm not using it as a political term, rather to describe our current, quarter-profit-maximization system driven by the stock market and public company board + CEO directives for how to run a company.
It's great for efficiently using capital to exploit existing innovations but it's really bad at things like investing in the public, social good of things like healthcare.