The real engine that generates opportunity and prosperity is intangible capital

“There is nothing in the current structure of markets that incentivizes sustainable prosperity. The belief that the invisible hand of self-interest will inevitably foster a sustainable economy offering universal opportunity is yet another example of wishful thinking. Self-interest is indeed a powerful motivation, but it responds to whatever incentives and disincentives are present. If perverse incentives are present, pursuit of self-interest leads to exploitation and collapse. The market economy can be constructively understood as a mechanistic tool in the toolbox of capital. The real engine of universal opportunity and prosperity is the intangible capital that generates a productive set of values, metrics, incentives and tools to build all forms of capital.“

A Radically Beneficial World: Automation, Technology and Creating Jobs for All: The Future Belongs to Work That Is Meaningful, p. 105, Charles Hugh Smith