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You hit the nail on the head, pure research is not a profitable activity. This is why we can't trust companies and corporations to research.. their motives are
by PixelB 9y ago
You hit the nail on the head, pure research is not a profitable activity. This is why we can't trust companies and corporations to research.. their motives are almost always profit driven. This only underlines the importance of government funded research, and the need to have a government in place who is willing to put the advancement of our society over their own personal gain (We don't have that right now..).
- bmmayer1 9y agoYou're forgetting about the $1.9 trillion nonprofit sector, of which 15% is spent on health research, 12% on public + social benefit...[1] That seems to bely the need for a government that can fund research that 'puts the advancement of our society over their own personal gain.' [1]https://philanthropynewyork.org/sites/default/files/resources/The%20Nonprofit%20Sector%20in%20the%20United%20States%20Size%20and%20Scope.PDF https://philanthropynewyork.org/sites/default/files/resource...
- chillwaves 9y agoNon-profit does not mean the system is working outside of capitalism or people are not making money.
- bmmayer1 9y agoI don't understand your issue with people making money. Why should people not make money while doing beneficial research for humankind? Is there some reason why making money and helping people are mutually exclusive?