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Too much faith in the market : Comments
By Sharon Beder, published 18/7/2008Why do we put so much faith in the market to solve environmental problems?
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new technology. Look at history and tell me how much that is new
was created by Govt decree and how much by people and companies being
creative and innovative"
A very good point. I think most historians would agree that technological innovation throughout history was spurred on very directly by the -Government- military complex.
As yet, even global corporations haven't started to wage war, although it's probably only a matter of time, and many believe the corporate military complex has already had a hand... I digress.
A great many inventions can be attributed to the -government sponsored- space race, including velcro and teflon coating.
In fact, the technologies called for and directly created by Government decree is almost endless; from the English longbow to nuclear weapons, and power, radar, planes, ships...