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"In capitalism, the winners do not eat the losers but teach them how to win through the spread of information." This certainly casts patents in an anti-capital
by ollysb 14y ago
"In capitalism, the winners do not eat the losers but teach them how to win through the spread of information."
This certainly casts patents in an anti-capitalist light...
- mtgx 14y agoApple could certainly be seen in the light of greed here. They are doing extremely well anyway, making money hand over first, and yet they still can't sleep well at night knowing there are other touchscreen devices on the market besides their own, and they're abusing every piece of patent technicality to ban their products from the market.
- michaelochurch 14y agoI don't actually agree with that. Capitalism is ruthless. The winners do put the losers out of business. That's the moral justification for IP: without regulatory intervention, the winners are often not the generators of the IP. That has become more true in the age of the Internet, where a lot of natural monopolies are emerging, but it was probably always true. Size begets growth, coalition-building is inevitable (leading to conglomerates) and those who can't make nice with the big players often get crushed. The problem with capitalism is that it's not stable. People who become rich and powerful (and their generally useless heirs, friends, and hired-gun managers) don't actually want to live in a capitalist world, so they use their social connections to build a private safety net, which hampers innovation. Corporate bureaucracies have more in common with the Kremlin than a Silicon Valley startup, and even Silicon Valley isn't that innovative, because it's increasingly controlled by a well-connected VC/media social elite. Most people wouldn't want to live in pure capitalism, and the corporate elite especially doesn't want it. They want to keep what they've got. The problem with the problem with capitalism (or the problem with not-capitalism) is that every alternative to an at least mostly capitalistic economy is terrible. Command economies are not desirable. Most thinking people are essentially (small-l) libertarian. My use of this word has nothing to do with the current usage (conservative who likes pot). By libertarian, I mean the opposite of authoritarian: belief that people should, all else being equal, be free to do as they wish rather than controlled by a governmental or corporate authority. (Authoritarians believe it's intrinsically impossible for most people to do anything good unless told to do so by a central authority.) The problem is that libertarianism begets capitalism begets conglomeration begets corporatism. It's the Iron Law of Oligarchy. The only solution I can see is the Western European social democracy (i.e. a socialist infrastructure to provide a safety net, but a capitalist engine for innovation and to maintain individual freedom). You need enough of a welfare state to keep people from being exploited by emergent corporate power, but enough capitalism (economic freedom) to keep innovation alive.
- MordinSolus 14y ago> capitalism begets conglomeration Not if the state actually does it's job. For a free-market to exist the state must necessarily prevent anti-competitive practices. In the U.S., unfortunately, the notion that social democracy is necessary arose during the great depression (because capitalism clearly failed /s) and resulted in the New Deal, which was, of course, socialist policy. It was that which started our slow and steady path towards heavy government involvement into the economy and, as a result, corporatism.
- anamax 14y ago> the notion that social democracy is necessary arose during the great depression Yes, it did arise then. > (because capitalism clearly failed /s) Not so fast. The interesting question until recently was "why did the great depression last so long?". Remember, all previous depressions and panics ended fairly quickly. The current answer is FDR's policies, specifically industry and production controls. (To be fair, FDRs policies were actually a continuation of Hoover's, but everyone "forgets" that Hoover was a progressive, so let's credit FDR.) The great depression didn't really end until those policies did, which happened when it became obvious that an "arsenal of democracy" had to produce lots of stuff. Yes, Hoover started huge stimulus spending, aid progorams and the like, borrowing money, doing the whole Keynes thing. FDR actually campaigned (somewhat) against the resulting deficits. (He also campaigned against Prohibition.) Hoover was a huge fan of aid programs. One of his big pre-presidency accomplishments was an aid program to Russia after WWI. Also, the vast majority of congressional Republicans voted for Social Security.
- MordinSolus 14y ago> (because capitalism clearly failed /s) BTW I was just poking fun at people who think that the Great Depression was a result of unbridled capitalism instead of bad government policy.
- gokuknows 14y agoMichael, I live in Silicon Valley and grew up most of my life in Israel and Europe (France). All I can say is honestly Americans don't even know how good they have it. France is doing so bad I don't even know where to start. They barely have any innovation and whatever they have comes from companies that have been in power for decades. France made it so easy to get welfare and taxes so high (40-50%) that it's better to collect welfare then actually do any work (I have friends there in their 20s actually doing this). What I love about Capitalism is NEW wealth and power is created every 10 years. Where was Facebook, Google, Salesforce and Twitter 10 years ago? (this is a short list there are many smaller multi million dollars companies created in the past 10 years in the US). I know you see this as something normal or not such a big deal, but in other countries this never happens, the same companies stay in power. What I am trying to say is that Capitalism WORKS very well, the wealth in America changes hands very rapidly and there are endless opportunities to create more wealth. Did you ever think of the impact that Facebook/twitter/reddit had on the world? Helping the Arab spring, flowing information freely etc. I am sure you will find holes in what I said, all I can say is that I am a huge fan of what this country represents (capitalism) and if you stray away from this system that has made the US what it is trust me we will fall hard. What I think is happening in the US is a bunch of lazy people who want something for nothing are rising up. They hate the 1% (which created a lot of jobs and innovation) for no good reason. I hope Capitalism gets more "sexy" and gets great new representatives who defend it not retards like Paul Ryan and Romney. I think it will make everything a lot better :)