Secret of Capitalism’s Success, from Data Science’s Perspective

Data scientists perceive the world as data-processing systems, and this view is being increasingly adopted in economics and politics: after all, we think of the economy not as consisting of a myriad of individual perspectives but rather as a coherent whole. Trying to comprehend the reasons behind capitalism’s success from the perspective of data science, which views the world as a data processing system, is essential to understanding the fundamental forces that shape our world and knowing how we can manipulate them to our benefit. This article aims to accomplish this objective… CAPITALISM AS A SYSTEM WITH DISPERSED DECISION-MAKING According…...