- Capitalism and Alternatives -

It is such a comforting periodical though!

Posted by: David ( USA ) on February 14, 19100 at 11:27:59:

In Reply to: Don't let Wired magazine make a fool of you posted by Barry Stoller on February 11, 19100 at 00:54:10:

: For example, big capital leaves start-ups alone to innovate. Only when the start-ups develop something worthwhile for big capital, then big capital buys them out (friendly or hostile merger). In this way, big capital saves investment costs on R&D (the start-ups that fail to innovate are left to perish) while only buying what has been PROVEN to be of use to capital.

Keep in mind Barry that this is not something set in stone. For instance, starting in 1994, Microsoft was investing over $100 million into Internet research alone.

I believe the reason that small businesses essentially revolutionize the markets is because they are forced to take risks in order to make it. Large companies can continue to produce the same product every year, keeping it relatively the same so long as there is not a better product that can replace it. Small companies on the other hand cannot compete with large companies by producing the same product because they will not be able to be as efficient and thus not turn a profit.

: Capital has ALWAYS done this. It's very cost-effective.

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