this post was submitted on 09 Feb 2024
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The blue LED was supposed to be impossible—until a young engineer proposed a moonshot idea.

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[–] iopq@lemmy.world 2 points 9 months ago (1 children)

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.

[–] gmtom@lemmy.world 0 points 9 months ago (1 children)

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.

[–] iopq@lemmy.world 2 points 9 months ago (1 children)

There's absolutely no law preventing you from starting a company like this

[–] gmtom@lemmy.world 0 points 9 months ago (1 children)
[–] iopq@lemmy.world 0 points 9 months ago (1 children)

Capitalism doesn't force you into a particular corporate structure

[–] gmtom@lemmy.world 1 points 9 months ago

Not explicitly, no, but there's a reason almost every company has the exact same corporate structure.