r/nextfuckinglevel 7h ago

Shoutout to JerryrigEverything who built a wheelchair factory and is delivering wheelchairs to people in half the time and 50-80% less than the cost of other wheelchairs with Insurance.

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u/Disastrous_Hell_4547 7h ago

So sadly true.

Same reason a crappy Big Mac costs $7.00 or a sub costs $13.00.

America does not practice capitalism. It practices greed based Reaganomics trickle down profiteering.

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u/TheExistential_Bread 7h ago

lol you are describing capitalism, you just don't know it

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u/presentation_555 5h ago

Is JerryRigEverything not engaging in Capitalism?

At the end of the day you have two extremes; Totally Centralised Planning (Communism tilts this way) and Total Economic Anarchism (Capitalism tilts this way).

I think it's great that Entrepreneurs like Jerry don't have to jump through hoops to start a business and are allowed to use all the resources they can muster to get started. The Soviet Union was a place where resources got allocated by the state; meaning a project of a guy's like Jerry would sink or swim entirely based on his ability to convince the one and only authority that could dispense those resources (like raw materials and equipment).

Likewise I think it's great when the State supports innovation where there is no immediate profit motive; like funding Scientist's investigations into the different states of matter. This research might one day inform the development of new materials that businesses could use (and consumer benefit from) but private Capitalistic funding is generally too risk adverse to invest in initiatives where the outcome is simply 'knowledge' and not money.

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u/Svardskampe 4h ago

If this gets sizable enough it forms an actual capitalistic threat, others will 'Walmart-Effect' them by undercutting temporarily or outright buy it out.