Turns out its actually cooperation and not competition that breeds innovation. Capitalist firms artificially simulate this internally. I think it was Lowes that tried to run its departments through competition by pitting them against each other and the business nearly went under. Not to mention a lot of innovation ultimately comes from socialist funding of research in universitiese (eg iPhones, mobile phones and their networking, aerospace engineering, advances in pharmaceuticals, etc).
Sears did that too, so did AT&T, its really common for a CEO to drink the kool-aid and say “lets try capitalism inside the company!” Followed by disaster.
Turns out its actually cooperation and not competition that breeds innovation. Capitalist firms artificially simulate this internally. I think it was Lowes that tried to run its departments through competition by pitting them against each other and the business nearly went under. Not to mention a lot of innovation ultimately comes from socialist funding of research in universitiese (eg iPhones, mobile phones and their networking, aerospace engineering, advances in pharmaceuticals, etc).
Sears did that too, so did AT&T, its really common for a CEO to drink the kool-aid and say “lets try capitalism inside the company!” Followed by disaster.
Whatever makes you feel better. There is no point in debating this with people that will force their opinion to be the correct one.