Can There Be Innovation Under Socialism?

How many times have you heard the claim "without the profit motive there would be no innovation"? It's a line repeated so often that it seems like common sense to many people. Let's investigate that claim. Can there be innovation under socialism? Can There Be Innovation Under Socialism? – Second Thought SUBSCRIBE HERE: http://bit.ly/2nFsvTS New video every Friday! Citations and Further Reading: Capitalism and Innovation https://inthesetimes.com/article/capi... https://jacobin.com/2015/03/socialism... https://hbr.org/2011/11/people-dont-n... https://tribunemag.co.uk/2020/08/how-... https://www.science.org/content/blog-...    • Video   The iPhone https://www.google.com/books/edition/... https://www.google.com/books/edition/... Public investment in health innovations https://www.ncbi.nlm.nih.gov/pmc/arti... The 11 lines of open-source code that broke the internet https://qz.com/646467/how-one-program...    • The Man Who Broke The Internet By Deleting...   COVID patents and Africa, mutations https://africacdc.org/covid-19-vaccin... https://www.healthline.com/health-new... 6.7% of world has a college degree https://www.huffpost.com/entry/percen... https://www.nber.org/system/files/wor... Cuban medical innovations https://www.nature.com/articles/nbt12... Economic planning and innovation https://www.google.com/books/edition/... https://people.umass.edu/dmkotz/Soc_a... Follow and Support Second Thought! Twitter:   / _secondthought   Patreon:   / secondthought   BuyMeACoffee: https://www.buymeacoffee.com/secondth... CashApp: $JTChapman Watch More Second Thought: Latest Uploads:    • Playlist   Spaaaaaace!:    • Playlist   What If...:    • Playlist   Popular Videos:    • Popular Videos | Second Thought   About Second Thought: Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome! Business Email: [email protected]