this post was submitted on 09 Feb 2024
936 points (96.9% liked)
Technology
59390 readers
3984 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
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.