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> think they understood that you can't both have a process that delivers the fastest progress in human history, and dislike the vanishingly few participants who

> think they understood that you can't both have a process that delivers the fastest progress in human history, and dislike the vanishingly few participants who succeed at it inordinately well. Fastest progress in what? What you smoking mate? 60 years after Wright Brothers we landed on the moon! We went from a flying bit of cardboard to real space rockets. Now another 60 years have passed, and we achieved fuck all. It is amazind that free market advocates do not understand their most important feature. - competition

robertlagrant 4y ago
You typing this on an inconceivably advanced computer made by one of several competing companies whose information lances across competing yet collaborating network companies to rest on my pocket supercomputer? Glad you just survived a global pandemic enabled by competing companies creating vaccines in record time, with your life made easier in the interim via streaming and video calling services enabled by competing companies. Your example of going to the moon is the opposite. That was funded by taxpayers. Most or all this progress has been done by individuals and groups choosing to do it, not by presidential assignment of taxpayer money.
bobdvb 4y ago
The world has changed dramatically in the past 60 years. Cell phones to smart phones, medical imaging (e.g. MRI scans, ultrasound imaging), information processing and storage, genetic engineering, quantum computing, fibre optic communications, DNA sequencing, 3D printing, nanoscale lithography, public key cryptography, RNA vaccines, self-driving cars, the internet, the ISS, digital television What a lot of people don't understand is that companies that compete also cooperate. All through my career I have been working along side companies that I also compete with for customers. Innovation often happens in isolation, but often it is with cooperation that innovation become the norm.

robertlagrant 4y ago

You typing this on an inconceivably advanced computer made by one of several competing companies whose information lances across competing yet collaborating network companies to rest on my pocket supercomputer? Glad you just survived a global pandemic enabled by competing companies creating vaccines in record time, with your life made easier in the interim via streaming and video calling services enabled by competing companies. Your example of going to the moon is the opposite. That was funded by taxpayers. Most or all this progress has been done by individuals and groups choosing to do it, not by presidential assignment of taxpayer money.

bobdvb 4y ago

The world has changed dramatically in the past 60 years. Cell phones to smart phones, medical imaging (e.g. MRI scans, ultrasound imaging), information processing and storage, genetic engineering, quantum computing, fibre optic communications, DNA sequencing, 3D printing, nanoscale lithography, public key cryptography, RNA vaccines, self-driving cars, the internet, the ISS, digital television What a lot of people don't understand is that companies that compete also cooperate. All through my career I have been working along side companies that I also compete with for customers. Innovation often happens in isolation, but often it is with cooperation that innovation become the norm.