How many times have you heard the claim "without the profit motive there would be no innovation"? It's a line repeated so often that it seems like common sense to many people. Let's investigate that claim. Can there be innovation under socialism?
Can There Be Innovation Under Socialism? – Second Thought
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Citations and Further Reading:
Capitalism and Innovation
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The iPhone
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Public investment in health innovations
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The 11 lines of open-source code that broke the internet
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COVID patents and Africa, mutations
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6.7% of world has a college degree
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Cuban medical innovations
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Economic planning and innovation
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Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome!
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