I believe the way is to go for something in between. I believe the state is needed to regulate the economy and ensure the safety and well-being of the citizens while keeping the economic freedom that allows for competition and success through novel ideas. Generally something like the Social market economy if you’re interested. I believe the USSR is a horrible example as the economy relied on oil in order to function and is widely regarded by workers who used to live under it as a suppressive country that ignored human rights. The innovation in the USSR was all directed top down from the government and funnily enough stemmed out of competition with the US. The leadership of the USSR tried to grow the economy in an irresponsible manner which starved millions. While I would like if we would incentivize innovation more the economy in capitalist countries had many smaller quality of life improvements outside of the space race. When it comes to blockchain technology and ai I think the hype was temporary with blockchain and it itself is quite an interesting and innovative but useless tech. For AI I believe we will see them improve a lot and become many times better than the stupid chatbots we have today and it will probably be the driving factor of innovation of the 21. century. I know this is quite the bold claim but it has a lot of potential. Ownership also holds one accountable. Were in east-germany many people didn’t see the point in work as the government ensured a certain living standard a potential to rise through new ideas and hard work is non-existent. If we were a hivemind like ants I believe this would work wonderfully but I think we are just too different so we need to take the best aspects of history and not swerve to too strong ideologies.