The Chinese government has made five demands on the United States, including the cancellation of its chip exports ban and sanctions, during US Treasury Secretary Janet Yellen’s four-day China…
Why would anyone bother to work on anything if they couldn’t exploit their invention or creation for money? Where would the money come from for R&D to fund the creation of further stuff if the last stuff was never able to break even?
It is, if you can’t imagine how innovation happens outside of capitalism then educate yourself. Google exists, go read up on how socialist countries develop and innovate. For example, you can read up on how Cuba is one of the few countries in the world that managed to develop covid vaccines.
Why would anyone bother to work on anything if they couldn’t exploit their invention or creation for money? Where would the money come from for R&D to fund the creation of further stuff if the last stuff was never able to break even?
That’s not an answer is it?
It is, if you can’t imagine how innovation happens outside of capitalism then educate yourself. Google exists, go read up on how socialist countries develop and innovate. For example, you can read up on how Cuba is one of the few countries in the world that managed to develop covid vaccines.