Capitalism does not breed innovation, it steals it. Someone should do an article on how much money does the big engineering companies make from the patents filed from ideas that come out of junior science fairs.
Capitalism does not breed innovation, it steals it.
That does make me wonder though, which countries do breed the most innovation?
What’s the startup capitol of the world? How does one set of national policies stack up against another when it comes to the number of patents or successful businesses per Capita?
As much as the sentiment of your statement feels right, I wonder if the numbers back it up, or if it’s more truthiness than truth?
And to be clear, I’m really not trying to throw shade here, I’m actually curious, questioning my own preconceptions.
Not answering your question, I would expect the main contributing factors to be the same as everywhere.
One man’s innovation is another man’s loss. This is why power distribution affects conditions for innovation - people with power always fight against innovation bringing them loss.
A libertarian society is better than a corporate society then, and a corporate society is better than an authoritarian society.
Then there’s the incentive for innovation - if it brings one power, then one will work for it, and if it doesn’t - less likely.
This is why a libertarian society is worse than a libertarian society minus some patent protection, but better than one where patents are strong and do not reflect inventiveness and are used to gatekeep markets.
This is also why China is more innovative than Russia - in China some efficiency in actually making things makes one more powerful, but in Russia power is purely a matter of capturing it.
Political parties calling for deregulation usually in fact call for token deregulation in some areas and more regulation where their corporate sponsors need it.
Deregulation in patent and IP law is a good thing. The thing is - it’s not the same as most other laws, it’s the fight over definition of property on an enormous amount of value. It was treated without sufficient attention, so now it’s pretty bad.
I think any real change in that would require something similar to a revolution. Everywhere, especially in countries home to corporations built on such legal framework.
Capitalism does not breed innovation, it steals it. Someone should do an article on how much money does the big engineering companies make from the patents filed from ideas that come out of junior science fairs.
That does make me wonder though, which countries do breed the most innovation?
What’s the startup capitol of the world? How does one set of national policies stack up against another when it comes to the number of patents or successful businesses per Capita?
As much as the sentiment of your statement feels right, I wonder if the numbers back it up, or if it’s more truthiness than truth?
And to be clear, I’m really not trying to throw shade here, I’m actually curious, questioning my own preconceptions.
Not answering your question, I would expect the main contributing factors to be the same as everywhere.
One man’s innovation is another man’s loss. This is why power distribution affects conditions for innovation - people with power always fight against innovation bringing them loss.
A libertarian society is better than a corporate society then, and a corporate society is better than an authoritarian society.
Then there’s the incentive for innovation - if it brings one power, then one will work for it, and if it doesn’t - less likely.
This is why a libertarian society is worse than a libertarian society minus some patent protection, but better than one where patents are strong and do not reflect inventiveness and are used to gatekeep markets.
This is also why China is more innovative than Russia - in China some efficiency in actually making things makes one more powerful, but in Russia power is purely a matter of capturing it.
Political parties calling for deregulation usually in fact call for token deregulation in some areas and more regulation where their corporate sponsors need it.
Deregulation in patent and IP law is a good thing. The thing is - it’s not the same as most other laws, it’s the fight over definition of property on an enormous amount of value. It was treated without sufficient attention, so now it’s pretty bad.
I think any real change in that would require something similar to a revolution. Everywhere, especially in countries home to corporations built on such legal framework.