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Showing posts with label Philosophy. Show all posts
Showing posts with label Philosophy. Show all posts

Monday, December 9, 2013

Will Corporate Capitalism be Fading Out?

Now before we get all political, let me make a few points: capitalism has done some pretty good things. It's gotten us where we are today, roughly, but it has developed mankind at a huge rate since the Industrial Revolution. The corporation model has provided vast amounts of resources so that aspiring academics could develop many of the great technologies we have today, either by hiring scientists, engineers, developers, etc; or by creating the economic basis by which our government was able to support such research, take NASA for example.

However, capitalism has its dark sides as well. As an entity that focuses more on profit than progress, the development it has created has also been hindered by the same model as competition stifles cooperation amongst researchers. Also, the profiteering model is a very clear breeding grounds for corruption, and companies will go to great lengths to protect their markets from revolutionary designs that will be more ethical but challenge their positions at the top. A particularly gruesome example of this is when some major medical company attempted, and thankfully failed, to copyright strings of human DNA that could be used for research to fight disease.

So capitalism has some good, mainly in that we needed it to get this far, past tense. But the playing field is changing now. We live in a world where kids can build nuclear reactors in their garages, and the dissemination of technology and information is only increasing exponentially. We live currently on the brink of 3D printing technology, which in the next decade might be so accurate as to reach the molecular level. That's the technology I want to talk about today.