A market socialist society can create rapid economic growth by printing money to invest in new cooperative enterprises.

Technically you could create economic growth by printing money and allocating into relatively small innovative ventures.If you invest 1 billion dollars of newly created money to 10000 early stage startups, and suppose that you were selective enough that 0.01 percent of those companies will produce more than 1 billion dollars worth of new goods and services. If so then you will have grown the economy with 0 or negligible currency inflation (ceteris paribus), because the new money is chasing new goods and services. In other words you will only need one of those companies to be exceptional.The same could be true if you invest 1 trillion to 1 million new enterprises selectively enough that 100 of them end up producing more than 10 billion worth of new products and services or so that the average produces more than 1 million.Not to mention the benefits the investment can have to market competition, employment and technological progress.Just a provocation to spark some discussion about investment credit economics. via /r/CapitalismVSocialism https://ift.tt/3kchLKc