Hayabusa Rider
Admin Emeritus & Elite Member
- Jan 26, 2000
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Originally posted by: winnar111
Originally posted by: Hayabusa Rider
Originally posted by: JS80
There is no conspiracy. What part of Silicon and Tellurium are scarce resources don't you get? Do you know how many solar developers there are out there?
Business is done by ENTREPRENEURS. You may have a point back in the 60s that Exxon had enough power and resources to suppress new technology that could threaten the oil infrastructure, but it's the 21st century. Shit like that is nearly impossible. Too much FREE flow of capital and information.
Now if the top scientists mysteriously are dying from accidents, then you'd have some ground, but it's ridiculous to say Bell Labs shut down one of their many R&D departments...for what, a conspiracy to stop new technology?
Of course there is no conspiracy. The research ended because business is not worried about long term profits. Again they are looking to make next quarters expectations. Research is a loss in the short term, and short term gain is what it's all about.
That is precisely why Bell dumped it's programs. Now precisely how does that philosphy benefit new energy R&D?
Know what the biggest ticket item for pharma used to be? Research.
Know what it is now? Advertising.
Why? Because advertising sells, not research.
Wait, what? Pharma research has been skyrocketing over the past 15 years.
http://www.kaisernetwork.org/h...es/Iglehart_Slides.pdf
This has happened despite the lowered return of drug research dollars and the fact that fewer drugs are being approved.
Now post the slide showing advertising spending over the same period.