I would say the same thing about for-profit joint-stock ownership, I think there's a lot of subjective value embedded in ideology of the political economy. Especially when combined with VC-funding it can provide growth, but growth was never the primary pitch—it was collectively-rational division of resources, services, and labor. On that mark, our globalized division of resources strikes me as having failed on the face of it. No smartphone is flashy enough to fully occlude the enormously inequitable division of labor that produced it, nor the enormous political-economic consequences of such coercion.