You can see examples of both.

For instance on Matt Stoller's blog there are endless articles about how private equity is buying up medical practices, veterinary practices, cheerleading leagues, all sorts of low-risk, high-reward rollups. You also see things like the current AI bubble where there is very much an "arms race" where it seems quite likely that investors are willing to risk wasting their money because of the fear of missing out.

Some other kind of social system is going to face the same trade-offs and note that "communism" in the sense of the USSR and China might not be a true alternative. I mean, Stalin's great accomplishment was starving his peasants to promote rapid industrialization (capital formation!) so they could fight off Germany and then challenge the US for world supremacy. People who are impressed with China today are impressed that they're building huge solar farms, factories that build affordable electric cars, have entrepreneurial companies that develop video games and social media sites, etc. That is, they seem to out-capitalize us.