Innovation

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dotworld moment

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Innovation is a byproduct of capitalism searching for new things to sell.

That's the BEST case scenario. Much more often, the "innovation" consists of taking something that already exists and making it worse by all other metrics in order to make it more profitable.

veroxii

If we were to cooperate then everyone should co-own it. Which means it should be a public utility owned by us ie the government.

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So the amount of competition is the exact same as when it was run by the government like crucial infrastructure is supposed to, but the quality is the same or worse?

Sounds about capitalistic..

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New government regulation causes companies to adapt or die

I curse the day some scumbag ruined everything by adding the third option "regulatory capture" 🤬‍

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Oh don’t forget that many innovations don’t come to the surface until companies have gotten their money out of the old ones. We miss out on a lot of technology for years because of that. And then there’s tooling changes leading to companies saying “what the fuck are you gunna do about it?” as they all keep making the same old crap.

Sony had to invent the litium-ion battery for their cameras because all the battery companies were fine with making the old lead-acid stuff.

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The one problem with that is a thing called human nature.

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That is how capitalism breeds innovation.

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Could you define Capitalism and Socialism for the class?

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A lot of critiques of capitalism (not to discount them entirely) ignore factors like consumer and inter-agency choice. And ironically, "free market"eers ignore the importance/power of unions as a market mechanism. We collectively have the ability to stop using companies that abuse consumers, the environment, etc., but largely fail to use it and have developed a culture of ridicule against people who do. Unions are a critical factor in suppressing corporate abuse of workers and consumers.

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Sure. I did hours of research and found these incredible pages that answer your question for you. I linked them below to save you so much time.

Capitalism: https://en.m.wikipedia.org/wiki/Capitalism

Socialism: https://en.m.wikipedia.org/wiki/Socialism

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I know the definitions of both. Your statement was in conflict with those definitions, which is why I asked you to define them, to determine why you would make the statement you did.

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And now American private equities are buying all the hospital chains in India... Now they're exporting innovation abroad too

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Yep they adapted alright

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Humans famously incapable of working in large numbers towards a common goal.

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At one point, when I was a baby still in my mother's womb, I had cells in between my fingers. Had I been born like that, I would have had webbed fingers. I sometimes feel sorry for those cells: they were instructed to undergo controlled cell death so that I could have fingers. I'm glad that cells can't think l, but even still, I wish that I could explain, to these cells that I never knew as my own, that their sacrifice was worthwhile, because they died in service to me, an organism far more complex than any cell or tissue could be alone.

I'm glad that these cells can't feel (at least in a way that I can understand), because I know that my explanation would not be enough for them: I know this because for most of my life, I have understood that people like us are acceptable sacrifices on the altar on the free market., and that feels terrible. I rage at being told that my suffering is worth it, for the Greater Good, because that posits that our lives aren't considered to be Good enough to be worth acknowledging beyond our instrumental value.

When I think about the cells that used to exist between my fingers, there's a silly part of me that even feels guilty that they couldn't consent to the whole ordeal, but I suppose my compassion for them is part of that "greater good" they died for. I know that the free market feels no such guilt at throwing humans into the meat grinder, because it is closer to being a clump of mindless, cancerous cells than it is to a person. And yet, as you say, we're supposed to celebrate "innovations" — to celebrate ever more rapid "growth" that comes at the expense of people's lives? It's disgusting.

rockerface 🇺🇦

It's almost like basic utilities should be provided by government to all citizens.

rockerface 🇺🇦

"breeds" should be read as "fucks" and then it makes sense

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ℍ𝕂-𝟞𝟝

Leeches off of