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Topic	Socialists: 'seizing the wealth is too radically liberal, so let's seize wealth'
MaverickXeo 02/26/18 1:00:56 AM #44:	averagejoel posted... lesidesi posted... Where I've always struggled with in socialist economics is understanding how people are rewarded for putting their capital at risk in a business for example. And if this isn't an option, and capital comes only from labourers, how does innovation ever end up occuring? no great invention/innovation has come about because someone was looking to make money off it. people invent things and improve on things because their brain won't let them not do it. money is not the best motivator - it's not even a particularly good motivator. Historically, maybe, but modern society is based on economics. If that was not the case, why would patents exist? Why would copyright laws exist? --- --- MaverickXeo --- <cite>MaverickXeo posted [p:896779130] in Socialists... [t:76356680]...</cite> <quote><cite>averagejoel posted...</cite> <quote><cite>lesidesi posted...</cite> <quote>Where I've always struggled with in socialist economics is understanding how people are rewarded for putting their capital at risk in a business for example. And if this isn't an option, and capital comes only from labourers, how does innovation ever end up occuring? </quote> no great invention/innovation has come about because someone was looking to make money off it. people invent things and improve on things because their brain won't let them not do it. money is not the best motivator - it's not even a particularly good motivator.</quote> Historically, maybe, but modern society is based on economics. If that was not the case, why would patents exist? Why would copyright laws exist? --- --- MaverickXeo ---</quote> ... Copied to Clipboard!
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