Hacker News new | ask | show | jobs
by Kbelicius 1096 days ago
> Because capitalism is the only system which incentives continual innovation through market competition

Why would a for profit company invest into basic research without a clear goal to monetizing that research while their competitor is spending that money on marketing?

1 comments

What is the implication of your question?
Implication is that the claim: "Because capitalism is the only system which incentives continual innovation" has no basis in reality. By the lack of answer to the posed question I'm guessing you are starting to agree?
Of course I don't agree, your question is worthless.

"Why would a for profit company invest into basic research without a clear goal to monetizing that research while their competitor is spending that money on marketing?"

The only form of R&D spend that cannot be monetised is that which fails to better meet consumer demand, which is a purposeless waste of money.

Rephrase your question so it make sense.

I assume they are stating that we don't actually live in a pure capitalist society, or else your definition is wrong.