- May 5, 2006
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It's not obscure at all. You're just confused.
You guys keep going on about capitalism being responsbile for innovation and creation when the fact is public money is responsible for innovation and creation. The only thing capitalism has to do with anything is when it swoons in to privatise the profits of these publicly funded inventions.
I'm not going on about 'capitalism' being responsible for anything. I'm simply disputing the fact that things which are invented in places like the US are not 'communist' or 'socialist' inventions just because govt funding was involved.
If govts are so smart, why do they draw their best and brightest from private universities (like MIT which you mentioned above), and why do they flog things off to the private sector to profit from?