[miki123211]

We also need to remember that new inventions often emerge because there are lots of bad ideas and an extremely small number of good ones. Before the ideas are put into practice, it's hard to know which are which.

That's why we have so much innovation in capitalism, but we had so little in communism. Just like in evolution, we need hundreds of companies doing hundreds of pretty similar but slightly different things. 90 will fail, 9 will survive, one will become the next Google or Facebook.

The government is no better than us at predicting success, it may even be worse, but it usually prefers a small number of big and ambitious projects over lots of small ones. Instead of embracing failure and thinking what to do about it, it tries to prevent failure, no matter the cost.