From: toomuch-AT-pseud.pseud Subject: RE: M-INTRO: Technological consumerism propigated by capitalism? Date: Sun, 31 Oct 2004 19:03:13 -0700 It does certainly seem that advancements in technologies are only driven by the profit motive. I find it very unlikely that the Human Race would have advanced as far as we have without the entrepreneur/inventor being rewarded monetarily for their efforts. However, I'm not really sure if I agree with the statement that the Soviets felt that they needed to "beat Capitalism" and that drove their innovation. It does seem that competition drove their innovation though. I suspect that in a global economy, with multiple Communist and/or Socialist states in competition, there would continue to be advancements in technology just because of the competition. Improvements in production technologies and efficiencies would drive down costs and allow nations to be more competitive. The additional profits in this case would go to the state and in turn the laborers instead of the Capitalist. On the topic of consumerism in capitalism driven by technical innovation: I'm almost certain that Capitalist companies, especially technology companies, have a "schedule of innovation" for several years in advance. They know very well when they are going to release what new technologies and they schedule those things as to best impact the bottom lime. Take Intel for example. For that last 20+ years they have survived via a "law" designed by one of the founders, Gordon Moore. Basically Moore's law states that the number of transistors on an integrated circuit would double every couple of years. Most people take that to be that computer processor speed doubles every 2 years. Intel has lived up to this claim for the most part. I wonder how much of this is actually planned by the company well in advance. It may just be the case that they have the technology to build microprocessors that would not be released for the next five years if they follow Moore's law but they choose to keep with the law for a solid revenue stream. There are plenty other examples of "planned obsolescence" in the Capitalist society: cars, light bulbs, etc. These kinds of things help Capitalist corporations even out their revenue streams and continue to survive well into the future. --- from list marxism-intro-AT-lists.village.virginia.edu ---
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