(January 20, 2022 at 12:32 pm)BrianSoddingBoru4 Wrote: 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
List:
1-Nationalize vital resources
2-Increase corporate tax rates
3-Cap CEO and other upper-management pay
4-Long-term investment in renewable resources
5-Funding research into clean(er) energy
6-Universal health and wellness care
7-Large-scale public transport
I don't see the four you are referring to. I could see that maybe 4, 6 and 7 are about innovation. I could see #7 emerging with the emergence of autonomous vehicles. No more need to own a car, just request a ride and go wherever you want, free.
I think Apple and Microsoft would both disagree with you, and those two companies were the largest innovative force of the later 20th century. However, the Internet was absolutely created and funded by government resources, and of course that's been the biggest driver of innovation and profitability since the 90's. There's also massive government resources invested in all forms of renewables and even oil extraction. But what has that gotten us? Only the oil companies and a small percentage of tech CEO's got rich because of these things. I guess you could put Bezos in there as well. The vast majority of that wealth is not spreading out no matter where the investment comes from. How do we change that?
My preference would be more taxation of corporations and that could be turned into free health care and free education, but we have massive political forces that won't allow that. They also oppose any sort of regulation on industry, so that simply won't happen in the current political atmosphere. Are those the best solutions? If so, how do we convince people so?
Cap CEO and other upper-management pay - Wouldn't this work to disincentive people from "climbing the ladder" of success?
Why is it so?
~Julius Sumner Miller
~Julius Sumner Miller