|
I'm not trying to say you are. I'm just trying to dispel the notion that innovation is somehow separate from capitalism.
Great minds are going to think of great shit in the absence of a monetary incentive, but it still takes capital to realize ideas, and I think that's where capitalism really becomes indispensable. And this is the area were we can really postulate the huge opportunity costs incurred by states. If all the money that went to wars over the last 50 years instead went to private sector innovation, we may have invented teleportation by now, who knows?
|