Why It Was Almost Impossible to Make the Blue LED
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The blue LED was supposed to be impossible—until a young engineer proposed a moonshot idea.
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The blue LED was supposed to be impossible—until a young engineer proposed a moonshot idea.
Yeah where he went to a university not a capitalist company to learn. Then persisted in his research despite the capitalist company wanting to shut him down for not being profitable, then that company specifically and consciously screwed him over and didn't reward him for it. Then tries to screw him over once again when he got a different job because of it.
Who funded him to go? It's not like he paid for the trip out of his pocket
The company could have also just fired him for not listening to orders. But I agree that they didn't compensate him enough
The 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.
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.
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.
There's absolutely no law preventing you from starting a company like this
Okay?
Capitalism doesn't force you into a particular corporate structure
Not explicitly, no, but there's a reason almost every company has the exact same corporate structure.