this post was submitted on 20 Jul 2023
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The things you stated are not because of our financial system, but rather the scientific advances made. Scientific advances are not limited to capitalist systems.
Science cannot exist without finance. Science and its practitioners do not exist in a vacuum. Who are going to feed the "scientists"? Or who are going to be the "scientists"? It takes time and resources to train "scientists". It also takes time and resources to ensure knowledge is inherited and shared. That is why renaissance and enlightenment is such a big deal in history.
That is why renaissance and enlightenment is such a big deal in history.>
Umm...capitalism didn't exist in the Renaissance and Enlightenment. Adam Smith's The Wealth of Nations wasn't published until 1776. Most of Europe was still feudal during the Renaissance and Enlightenment. England is the exception, but England was always the exception. So, I'm not sure what you're talking about. The Royal Society, for which Newton, Hooke, Halley, etc., were all members of, was funded by the Crown, hence the name, "Royal Society". The European savants all had royal patrons, like Leibniz, Brahe, and Huygens, that funded their livelihoods.
For note, I am a published historian by education that specialized in Tudor England.
Capitalism as a classification/concept did not exist does not mean the practice did not exist. Capital (both in kind and in mind) accumulation has been occurring since even the stone age. Of course we would not call those societies capitalistic.
Plus I am replying to the comment that tries to dismember science from finance/economy.