> Capitalism cannot survive when products last a lifetime.
This is totally backwards; capitalism would do fine in such an environment (in the same way that evolution does fine in an environment where organisms live more than just a few seconds; the whole reason we have the notion of a "lifetime" is that our germ line comes from a long line of ancestral DNA that made organisms that outlasted their competition.)
Individual companies might have to hustle to innovate or die, but that too is good for capitalism.
Both capitalism and evolution depend on the fact that over time, on average, less fit organisms/organizations are displaced by better alternatives. You may not like that, but down-voting anyone who points it out doesn't make it any less true.
This is totally backwards; capitalism would do fine in such an environment (in the same way that evolution does fine in an environment where organisms live more than just a few seconds; the whole reason we have the notion of a "lifetime" is that our germ line comes from a long line of ancestral DNA that made organisms that outlasted their competition.)
Individual companies might have to hustle to innovate or die, but that too is good for capitalism.