Bad Apples - Technological innovation, market competition, and the profit motive

World Socialist Radio by The Socialist Party of Great Britain

Episode notes

Apple have always been known for being control freakish and attempting to lock their customer base into their own exclusive ecosystem, including a special patent-protected charging cable that no one else is allowed to make and which doesn’t work with any third-party device.

People say that capitalism drives brilliant technical innovation, but when you look at the way this happens, ‘brilliant’ is not the word that comes to mind. It is chaotic, spontaneous, unplanned and secretive, with profligate waste and duplication.

Taken from the August 2025 edition of The Socialist Standard.

World Socialist Radio is the official podcast of The Socialist Party of Great Britain. We have one single aim: the establishment of a society in which all productive resources – land, water, factories, transport, etc. – are taken into common ownership, a ... 

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Keywords
Capitalismmonopolycompetitioninnovationtechnology