It's All Obama's Fault - DOW Jones reaches 16,000 for first time ever

[Depreciating Asset]

bullshiiiiiiit. nicca!
acquisitions does not equal innovation. wtf. you're actually driving my point. and now i'm disagreeing with you for agreeing with me! aaaaaahhhhh








think small.

No acquisition does not equal innovation. But the desire to be an acquisition target can drive innovation. We just saw the inventors of snapchat get offered $3 - $4 billion for their innovative product. You don't think this incentivizes other start-ups who would take that deal in a heartbeat to innovate to the point where they can get bought out? Facebook and Google have the cash to offer this because they raised money in the stock market. The stock market increasing suggests corporations are getting more profit, thus will have more money to acquire small companies. This increases the supply of innovation from small companies. I don't know how to be more clear about this.

 

[Kritic]

No acquisition does not equal innovation. But the desire to be an acquisition target can drive innovation. We just saw the inventors of snapchat get offered $3 - $4 billion for their innovative product. You don't think this incentivizes other start-ups who would take that deal in a heartbeat to innovate to the point where they can get bought out? Facebook and Google have the cash to offer this because they raised money in the stock market. The stock market increasing suggests corporations are getting more profit, thus will have more money to acquire small companies. This increases the supply of innovation from small companies. I don't know how to be more clear about this.

wall street and that platform only cares about making money. they don't care about going back to the basics. how can i be more clear than that..

they make money off telling lies and making money off thin air. when it becomes culture to make money off money there's no going back to innovation.

 

[Depreciating Asset]

wall street and that platform only cares about making money. they don't care about going back to the basics. how can i be more clear than that..

they make money off telling lies and making money off thin air. when it becomes culture to make money off money there's no going back to innovation.

Imma let the other HL peeps weigh in on this. If they agree with you, I will gracefully take an L and say that you were right.

@ everyone else?

 

[Kritic]

Imma let the other HL peeps weigh in on this. If they agree with you, I will gracefully take an L and say that you were right.

@ everyone else?

i been bodied so many niccas here they've taken this sh1t personal none of them will agree with me.

 

[DEAD7]

Sounds like profit motive from top to bottom. Not sure what the debate is?

 

[Depreciating Asset]

i been bodied so many niccas here they've taken this sh1t personal none of them will agree with me.

I try not to take this too personal. It's just opinions. Sometimes I'm right. Sometimes not.

 

[Depreciating Asset]

Sounds like profit motive from top to bottom. Not sure what the debate is?

Do you agree or disagree with the statement "Corporate profits lead to innovation" ?

 

[DEAD7]

Do you agree or disagree with the statement "Corporate profits lead to innovation" ?

Agree.

Not sure, how one could argue they dont...

 

[Kritic]

I try not to take this too personal. It's just opinions. Sometimes I'm right. Sometimes not.

i just dropped a mixtape... that involves these wall street niccas. i have no love for them at all. i'm all out on their ass.

 

[BreezyH]

ben bernanke the gawd

 

[Robbie3000]

i been bodied so many niccas here they've taken this sh1t personal none of them will agree with me.

 

[Ethnic Vagina Finder]

Rich people and foreigners own most of the stock in this country. How the fukk does this effect working class people. Every time they report shyt like this I just laugh because they really want the masses to believe this is a good thing. Unemployment and underployment is still high as fukk.

 

[OsO]

Do you agree or disagree with the statement "Corporate profits lead to innovation" ?

can corporate profits lead to innovation? of course they can, and sometimes they do.

but i think you are trying to establish a correlation, which it is not.

im thinking specifically about our current situation... i think the excessive corporate profits are hurting innovation because businesses are trying to figure out the next scheme to beat the system, or find some tax loophole, or lobby their way into lax government oversight which will let them go beast mode.

the really good innovations are from people who are inspired to create something great. and money can certainly be a part of that motivation, but it can't be the whole thing. to really create something great you have to love it, and it has to be more than just the love of money.

not to mention regular people, especially the poor, rarely get access to new social innovations anyway.

but on a very basic level, i think the DESIRE for corporate profits frequently leads to innovation, but not necessarily the ACQUISITION of profits.

so i disagree with your statement as a definitive fact, especially in our current context. but i agree there is some truth to it on some level.

 

[DEAD7]

i think the excessive corporate profits are hurting innovation because businesses are trying to figure out the next scheme to beat the system, or find some tax loophole, or lobby their way into lax government oversight which will let them go beast mode.

I think this is industry specific.

In some industries profits are driven largely by innovation, and in some, innovation itself is the industry.

 

[Broke Wave]

Do you agree or disagree with the statement "Corporate profits lead to innovation" ?

Dude not only is this incorrect, there is literally no correlation between the prevalence or availability of corporate profits and perceived or real innovation.

Corporate profits are at record highs and there is not some kind of innovation boom being precipitated by this fact, so even as a matter of current fact it's totally baseless.