Second Thought | Can There Be Innovation Under Socialism? @SecondThought | Uploaded 2 years ago | Updated 7 hours ago
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
SUBSCRIBE HERE: http://bit.ly/2nFsvTS
New video every Friday!
Citations and Further Reading:
Capitalism and Innovation
inthesetimes.com/article/capitalism-pandemic-covid19-vaccine-coronavirus-socialism-innovation
jacobin.com/2015/03/socialism-innovation-capitalism-smith
hbr.org/2011/11/people-dont-need-a-profit-motive-to-innovate
tribunemag.co.uk/2020/08/how-capitalism-stifles-innovation
science.org/content/blog-post/adam-smith-goes-pharmaceutical
youtu.be/uylnpj6zLWw
The iPhone
google.com/books/edition/Entrepreneurial_State/Wro1DgAAQBAJ?hl=en&gbpv=1&printsec=frontcover
google.com/books/edition/The_People_s_Republic_of_Walmart/IcCGDwAAQBAJ?hl=en&gbpv=1&printsec=frontcover
Public investment in health innovations
ncbi.nlm.nih.gov/pmc/articles/PMC5878010
The 11 lines of open-source code that broke the internet
qz.com/646467/how-one-programmer-broke-the-internet-by-deleting-a-tiny-piece-of-code youtube.com/watch?v=LmI4W8X7vU8
COVID patents and Africa, mutations
africacdc.org/covid-19-vaccination healthline.com/health-news/how-low-vaccination-rates-contribute-to-the-rise-of-coronavirus-variants
6.7% of world has a college degree
huffpost.com/entry/percent-of-world-with-col_n_581807 nber.org/system/files/working_papers/w15902/w15902.pdf
Cuban medical innovations
nature.com/articles/nbt1204supp-DC19.pdf?proof=t
Economic planning and innovation
google.com/books/edition/The_People_s_Republic_of_Walmart/IcCGDwAAQBAJ?hl=en&gbpv=1&printsec=frontcover
https://people.umass.edu/dmkotz/Soc_and_Innovation_02.pdf
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About Second Thought:
Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome!
Business Email: secondthoughtchannel@gmail.com
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
SUBSCRIBE HERE: http://bit.ly/2nFsvTS
New video every Friday!
Citations and Further Reading:
Capitalism and Innovation
inthesetimes.com/article/capitalism-pandemic-covid19-vaccine-coronavirus-socialism-innovation
jacobin.com/2015/03/socialism-innovation-capitalism-smith
hbr.org/2011/11/people-dont-need-a-profit-motive-to-innovate
tribunemag.co.uk/2020/08/how-capitalism-stifles-innovation
science.org/content/blog-post/adam-smith-goes-pharmaceutical
youtu.be/uylnpj6zLWw
The iPhone
google.com/books/edition/Entrepreneurial_State/Wro1DgAAQBAJ?hl=en&gbpv=1&printsec=frontcover
google.com/books/edition/The_People_s_Republic_of_Walmart/IcCGDwAAQBAJ?hl=en&gbpv=1&printsec=frontcover
Public investment in health innovations
ncbi.nlm.nih.gov/pmc/articles/PMC5878010
The 11 lines of open-source code that broke the internet
qz.com/646467/how-one-programmer-broke-the-internet-by-deleting-a-tiny-piece-of-code youtube.com/watch?v=LmI4W8X7vU8
COVID patents and Africa, mutations
africacdc.org/covid-19-vaccination healthline.com/health-news/how-low-vaccination-rates-contribute-to-the-rise-of-coronavirus-variants
6.7% of world has a college degree
huffpost.com/entry/percent-of-world-with-col_n_581807 nber.org/system/files/working_papers/w15902/w15902.pdf
Cuban medical innovations
nature.com/articles/nbt1204supp-DC19.pdf?proof=t
Economic planning and innovation
google.com/books/edition/The_People_s_Republic_of_Walmart/IcCGDwAAQBAJ?hl=en&gbpv=1&printsec=frontcover
https://people.umass.edu/dmkotz/Soc_and_Innovation_02.pdf
Follow and Support Second Thought!
Twitter: twitter.com/_SecondThought
Patreon: patreon.com/secondthought
BuyMeACoffee: buymeacoffee.com/secondthought
CashApp: $JTChapman
Watch More Second Thought:
Latest Uploads: youtube.com/playlist?list=PL6SJktA-ecJR_Fq2hhYVEFS11cf1YzG27
Spaaaaaace!: youtube.com/playlist?list=PL6SJktA-ecJQRpqT-hMTTFx8A6VVH3m6v
What If...: youtube.com/playlist?list=PL6SJktA-ecJRI7VrWf_-mT0z6lrN--Cvi
Popular Videos: youtube.com/playlist?list=PL6SJktA-ecJRx7ZaO9J04Kbob_u5baHxN
About Second Thought:
Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome!
Business Email: secondthoughtchannel@gmail.com