3 ms·
All effortful "culture" comes from surplus. And investment is crucial, not marginal. Let us not forget that the surplus need not be astronomical to create inno
by mdp2021 3y ago
All effortful "culture" comes from surplus. And investment is crucial, not marginal.
Let us not forget that the surplus need not be astronomical to create innovation - e.g. some innovative design comes from a shop¹, some comes from very expensive prototyping. Still surplus, but on remote points in the scale.
(¹Think of the Rietveld Meubel Makerij - in the picture, Gerrit Rietveld is sitting on the prototype of what will become the "Rood blauwe stoel" - https://www.spectrumdesign.nl/wp-content/uploads/2019/06/gerrit-rietveld-ontwerper-1024x944.jpg https://www.spectrumdesign.nl/wp-content/uploads/2019/06/ger... )
If the circulation of tools is curbed, surely the freedom to progress is limited. Comparatively in outcomes to other scenarios, that is to be analyzed. But surely a reply to Schumpeter should be found in Levine and Boldrin: their work is explicit part of the discussion against competing theories.
- immibis 3y agoIn modern capitalism, resources are not invested to find better ways to create things, but to find better ways to lock people out of the things you create until they pay you.