Explanation: Nikola Tesla was a prolific and wildly influential inventor of the early 20th century AD. He also was in constant dire financial straits despite not having any major expensive vices (other than inventing), because, unlike his contemporary Thomas Edison, Tesla was not adept at maneuvering business deals (and certainly not with the cutthroat ruthlessness that Edison displayed - several times at Tesla’s expense).
Capitalism is better than feudalism because it rewards a wider range of intellectual ability and success than feudalism does… but that range still does not include innovation. You wanna be paid for your innovation in a capitalist system? Better have a lawyer and a business agent on hand as soon as you get out of the patent office. :/
You also need money or to find an investor to pay for marketing, just because something is innovative doesn’t mean people will want it until you tell them they want it.
Explanation: Nikola Tesla was a prolific and wildly influential inventor of the early 20th century AD. He also was in constant dire financial straits despite not having any major expensive vices (other than inventing), because, unlike his contemporary Thomas Edison, Tesla was not adept at maneuvering business deals (and certainly not with the cutthroat ruthlessness that Edison displayed - several times at Tesla’s expense).
Capitalism is better than feudalism because it rewards a wider range of intellectual ability and success than feudalism does… but that range still does not include innovation. You wanna be paid for your innovation in a capitalist system? Better have a lawyer and a business agent on hand as soon as you get out of the patent office. :/
You also need money or to find an investor to pay for marketing, just because something is innovative doesn’t mean people will want it until you tell them they want it.
I considered that part of having a business agent on hand to make those deals and connections, but yes.
That’s why we need guilds.
I’ve read about guilds literally banning innovation in a 12 part series on German history.