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The most common thinking on this is that capitalism outperforms other systems because it provides more incentives for progress. Economic systems that rely heavily on government oversight, coordination, and regulation tend to be weighted down by all the disadvantages of large bureaucracies -- apathy, graft, and stagnation, to name a few. People are motivated by anticipation of what reward they might reap by doing a good job tmhan they are by notions of the 'greater good' or whatever.

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Q: Why capitalim is a dominant mode of production?
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