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From an incremental improvement side, probably, but from a new product side, definitely not. You didn't get the Model T, the Macintosh, Edison power and light,
by drzaiusapelord 11y ago
From an incremental improvement side, probably, but from a new product side, definitely not. You didn't get the Model T, the Macintosh, Edison power and light, etc because of some dedicated people already at their jobs, you got them via outsiders starting their own businesses and, yes perusing personal wealth, while pushing out the old guard. All the while the old guard kept most of the innovative people making TPS reports instead of doing worthwhile things. Most innovators have to flee their day jobs to do what they want to do in their field.
Ford didn't make a better saddle, he made a better horse. The Model T had to come from the outside to disrupt horse and buggy and the only way to really do that is via a capitalist approach. Pursing of wealth is one of the major motivators here and there's nothing wrong with it.
tldr; incentives matter
- timr 11y ago"From an incremental improvement side, probably, but from a new product side, definitely not." What in the world are you talking about? Chlorination decreased adult mortality by nearly 50%, and childhood mortality by nearly 75%. These sorts of public-health innovations are what gave us the ability to start pursuing those "new products" you value so highly. If that's incremental improvement to you, you need to re-examine your assumptions. The incentive here was saving the lives of hundreds of millions of people.