| Chairman-Mao said:
Honestly do you expect inventors to go out an make new products if they won't be able to make money off of it? Do you expect people to go through 12 (or whatever it is) years of medical school to become a doctor so they can make the same money as a janitor? |
You kinda rambled off my point, I'll assume you admit that there is not equal opportunity in capitalism, although it is obvious that almost anyone can work their way up in life.
Investors not making products and research if they think they wont make money is precisely why we need government involvement in the economy. No business would invest the money that the US government did in to get us into space, but now businesses know that space can be profitable with previously unknown products and technologies such as satellites. No business would fund the Manhattan Project to obtain nuclear fission. No business would fund a particle acceletor to discover particles that make up atoms. No business would cut down on releasing pollutants on their own because they were solely concerned with people's health.
With a free market, society limits itself to what we think is economically feasible. With government involvement, society is able to research new technology that may or may not lead to huge breakthroughs in science. Government involvement is responsible for almost everything you are using right now as you read this, from your computer to your television to your cell phone to the GPS in your car, all these things are possible because some government funded scientist was conducting 'crazy' research in a lab.
Who in 1910 would have thought that Einstien's Theory of Relativity would have an impact on car sales from GPS satellites that require his discoveries to function.
