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>So if you invent/perfect/practacalize the light-bulb you are rich because of exploitation? Great example. Inventing, perfecting and making the invention pract
by antris 5y ago
>So if you invent/perfect/practacalize the light-bulb you are rich because of exploitation?
Great example. Inventing, perfecting and making the invention practical to use gives you exactly $0. So the brilliance and genius gives you nothing.
However, the inventor can become rich through patents if they are given a slice of the sales when it's produced and sold by other people. In that case, the inventor would be exploiting the profit and value created by other people. But this is extremely rare, as most inventors work for a wage (their employer owning all the inventions they make) or sell their patents to a bigger company early on, which then milks profits out of it.
Inventor of insulin purposely gave away their patent for free. But then the patent system was gamed by a capitalist and now insulin is super expensive in some countries and someone else than the inventor is getting rich off of it.
Capitalism doesn't care who invented what or who's brilliant or not. It only cares about ownership and accumulation of wealth through profits.