It’s a rather unlovely thought that part of our economic system, capitalism, is driven by the base motive of greed for profit. It’s the other part of it, those markets and their competition, which lead to why it makes the rest of us so rich. For the combined system does one thing extraordinarily well – it makes things cheap in short order.
In 2007 the iPhone was $500; today no one makes anything that feeble and entry prices are still only, what, $20? That’s not a bad recommendation for an economic system, really.