Comment on Why It Was Almost Impossible to Make the Blue LED
gmtom@lemmy.world 7 months agoThe CEO of the time who actively went against the conventional wisdom of capitalism to fund a person he had know for decades and personally knew how capable he was.
Then as soon as that CEO left the personal connection was gone and typical capitalist mentality took over and tried to shut it down
Just like almost every big discovery this happened in spite of capitalism, not because of it.
iopq@lemmy.world 7 months ago
That could happen in socialism, where a government grant runs out and research is no longer funded because the person in charge of funding science changes.
gmtom@lemmy.world 7 months ago
Socialism isn’t “when the government does stuff” it’s better thought of as when companies become democratised, so while it could still happen you have more chance to appeal to average people rather then purely answering to the CEO chasing profit margins.
iopq@lemmy.world 7 months ago
There’s absolutely no law preventing you from starting a company like this
gmtom@lemmy.world 7 months ago
Okay?