Capitalism Didn’t Make the iPhone, You iMbecile
   
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votes
   
Submitted by notarobot
Comments (showing 10 of 30)
From the start of the video: iPhone, Android, macbook, pc, kindle, netflix, facebook, instagram...

The video really feels like a over drawn insistence that people recognize that the American economy isn't a pure capitalistic 100% free market environment. That's something that should really be obvious, and not require being said unless your audience are 12 year olds or idiots. It still stands that compared to other giants of the world in China or Russia, it is still America taking the lead on 100% of the innovations that Rob listed, and by comparison, a far more capitalist oriented economy sets America apart. Heck, even include the EU in there as a slightly more socialist economy than America's, and still low and behold it is America that came out with every single example listed...
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written by bcglorf

My takeaway from the video is not about Capitalism vs. Socialism that brought about the root of those innovations (i.e. the internet), but the direct, initial involvement of the education sector, military and/or government, NOT the "free market".
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written by cloudballoon

*Quality information here
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written by Sagemind

Boosting this quality contribution up in the Hot Listing - declared quality by Sagemind.
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written by siftbot

Yeah, that's what he said. The Government, Military and Education systems mentioned received 100% of their revenues from taxation of a capitalism based(not pure) economy. That same government and military rely heavily on issuing contracts for R&D, supplies, and equipment all to companies operating in a capitalism based economy. That education system relies heavily on private investment and grants from corporate and private entities all generating their incomes from within a capitalism based economy.

That stands in contrast to the same governments, militaries and education systems elsewhere in competing countries like China and Russia, heck even the only slightly less capitalist EU too. Not a single one of the listed innovations came from any of those sources, but instead from within America. I think it is more than naive, but in fact dishonest, to ignore that being able to profit of your own ideas and grow your own business and keep the profits from it is just maybe a contributing factor in all that.
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written by bcglorf

So, take a short cherry picked list of American inventions created largely with public funding, then claim only American capitalism could have produced them? Uhhhhh......

The inventors of the internet were NOT able to profit directly from their own ideas, they were military and publicly funded schools working in conjunction to create a publicly owned private data sharing network. Later, when this publicly funded network was opened to the public, private companies used it for private profit, and (often) slowed progress and stymied advancements in the process.
It's simply wrong to claim government funded advancements are due to capitalism simply because the taxes came from a capitalist country. Wow.

What about 5G...China is ahead of any capitalist country on that, and many other computing advancements. Those technicians don't see a scintilla of profit from their inventions, ideas, and often businesses (granted, some are allowed to make billions, but only a certain few that are government affiliated oligarchs, and it can be stripped from them the instant they don't tow the party line).
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written by newtboy

perfectly summized
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written by geo321

the term socialism should be retired
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written by geo321

it has lost it's meaning. Better to break down words, Like the definition of fascism.

Fascism (/ˈfæʃɪzəm/) is a form of far-right, authoritarian ultranationalism[1][2] characterized by dictatorial power, forcible suppression of opposition, and strong regimentation of society and of the economy
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written by geo321

The United States is fascist right now. Because of the corporate media now
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written by geo321


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