Capitalism is just the economic system. What about it would lead it to ‘favor intelligence’?
I think it is clear historically it favors nepotism and exploits intelligent people, such as Nikola Tesla as a classic example. To climb to the top of capitalism takes some cunning, but I believe that’s a different concept to favoring intelligence. Intelligent people are frequently kept down by capitalism, especially those who want to act in public benefit rather than personal benefit.
Exactly capitalists exploit the intelligent people.
On January 23rd, 1923 Banting, Best, and Collip were awarded the American patents for insulin. They sold the patent to the University of Toronto for $1 each. Banting notably said: “Insulin does not belong to me, it belongs to the world.” His desire was for everyone who needed access to it to have it.
And today in America a months supply can cost upward of $1,500 dollars. Capitalism doesn’t reward intelligence, it rewards greed.
Capitalism is just the economic system. What about it would lead it to ‘favor intelligence’?
I think it is clear historically it favors nepotism and exploits intelligent people, such as Nikola Tesla as a classic example. To climb to the top of capitalism takes some cunning, but I believe that’s a different concept to favoring intelligence. Intelligent people are frequently kept down by capitalism, especially those who want to act in public benefit rather than personal benefit.
Exactly capitalists exploit the intelligent people.
And today in America a months supply can cost upward of $1,500 dollars. Capitalism doesn’t reward intelligence, it rewards greed.
from: https://www.t1international.com/100years/