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Profit does not inspire innovation it only inspires the theft and corruption of innovation. amirite?

18%Yeah You Are82%No Way
urwutuiss avatar Money & Economics
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profit drove the creation of the very device your typing on, some people i swear have **t for brains

@Anonymousmouse profit drove the creation of the very device your typing on, some people i swear have **t for brains

Virtually all tech comes from govt grants and subsidies by way of the military and universities.
Without that companies would not even have an R&D dept
That's the same fallacy as competition produces the best results.
The profit motive produces corruption not innovation.

@Toounknown No profit made you pay 1200 for yours...when i payed 100

Whatever that means.
Rarely does the actual inventor become rich. The company that mass produces does.
Everything inside computers and smart phones came from the military.
If the govt hadn't footed the bill we wouldn't have even have had transistors which were the backbone of modern tech.

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