Red Front
Gold Member
- Jul 7, 2022
- 5,253
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- Banned
- #601
Innovation comes mostly from government-funded R&D. Most of the advanced technology that we use today, was researched and developed in universities or by corporations that were heavily funded and subsidized by the government. Throughout history, the governments of the world, often invested heavily in the development of new technology, whether it was to develop new weapons or new ways to farm, irrigate the land, construct buildings, and walls, build sea vessels..etc. It was the authorities that supported such research and development.Communism is akin to eating the seed corn
Individuals in a free capitalist system create weslth through innovation
Then unimaginative politicians and government workers take the wealth and redistribute it
After one generation innovation ceases