It would argue that the technology of industrialization that brought Capitalism was not an accident. Capitalism was the natural outcome of the times. It would also argue that to try to force socialism onto the same society would be inefficient and essentially unnatural.

Technological deterministic thought sees technology as the driving force of social, economic, political, and even artistic change. In it’s weak form, it is undeniably true–technology effects the form that society and economy take. In it’s stronger form, it would claim that, barring enormous effort, Capitalism was the inevitable outcome of the technological development of the time.

It also explains why high automation and AI, that can do all or most of the work that humans do, will make Capitalism impossible.

Technology makes new jobs only until it also takes all those jobs. After that, wealth is no longer distributed through a Capitalist system and something else will emerge. Must emerge.