Forum Discussion
Fezziwig
Nov 21, 2012Explorer
LindsayRichards wrote:
... Folks who do not innovate, don't last too long....
True. Especially in tech and manufacturing where innovation has real market value. But unfortunately, in sunset industries the only areas open to innovation are financial manipulation, whether through acquisitions and mergers, bribery of government through campaign contributions, finessing customers with complex contracts and billing, etc. THOSE areas of innovation are spurious and contribute nothing to society.
For example, monopoly telephone manipulations which create unintelligible contracts and bills and result in huge costs for piddling services in monopoly markets.
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