How Capitalism Created Video Games

in #minnowsunite7 years ago


What does it take for advances in technology to become mainstream? It’s a question few people think about, especially those who rail against capitalism, but perhaps they should. This video explains how entrepreneurs and the price system work hand in hand to create products (and sometimes entire industries) for the masses.

Selected Sources

https://gizmodo.com/pong-was-never-supposed-to-be-released-to-the-public-1609521997

https://mises.org/wire/how-sound-economics-birthed-video-game-era


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