New economy

[BrianSoddingBoru4]

OK, so move society toward a more socialist model.

Is there anything to say to those who will inevitably cry that innovation will be squelched because there's no incentive to break your back trying something completely new?  Or is this where we reevaluate how innovation is accomplished?

I’d say, ‘Four of those seven ideas are about nothing BUT innovation, and the other three are about financing it.’

It isn’t so much about reevaluating how innovation is accomplished as it is about recognizing how it’s always been accomplished. For more than a century, technology has been almost exclusively driven by either governments or by private/corporate research largely funded by governments. The notion of the genius ‘garage tinkerer’ who single-handedly changes the world has become a fable.

Boru