To: truthguy
Those corporations need to be made aware that in the long run success is determined by coming up with better products and not by financial manipulation. As a rule, "better products" are the realm of the small business and the entrepreneur. Large "Wall Street corporations" have never been leaders in innovation -- nor will they ever likely be. The culture just won't allow it.
The exception that proves the rule are scientifically oriented companies with a vested interest in research (e.g., pharmaceuticals).
19 posted on
01/02/2011 12:56:01 PM PST by
okie01
(THE MAINSTREAM MEDIA: Ignorance on Parade)
To: okie01
As a rule, "better products" are the realm of the small business and the entrepreneur. Large "Wall Street corporations" have never been leaders in innovation -- nor will they ever likely be. The culture just won't allow it.
This is an interesting subject. I want to believe what you say but there are so many exceptions. IBM has the most number of patents of any corporation (I've heard but can't confirm). Have they been able to bring products to market? Doesn't seem like it- at least for the last few decades. But what about the iphone and Apple? Apple is a large corporation and has been for nearly 25 years. There are many innovations coming out of the petrochemical and chemical industries and these are not ma and pa organizations? So it's a crazy mixed bag. I wish I understood it better.
22 posted on
01/02/2011 1:05:03 PM PST by
truthguy
(Good intentions are not enough.)
To: okie01
>> “The exception that proves the rule are scientifically oriented companies with a vested interest in research (e.g., pharmaceuticals).” <<
.
I sure wouldn’t number Pharma with “scientifically oriented companies;” their interest is not in science, but in technology that will turn a profit, and get a drug approved, even though almost all of the drugs so approved have been proven by science to be harmful, and life shortening (recent example: Avandia, known to be harmful from the beginning, but kept on the market to the bitter end, and Viox = Ditto)
57 posted on
01/02/2011 6:43:11 PM PST by
editor-surveyor
(Obamacare is America's kristallnacht !!)
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