CAPITALISM - A MAJOR DRIVER OF MODERN-DAY TECHNOLOGICAL INNOVATIONS AND INVENTIONS: A SOCIOLOGICAL ANALYSIS

Rev. Fr. Vitalis Jafla Pontianus

Abstract


The last one hundred years have been years characterised by great scientific advancement and progress in technological innovations, international trade and multinational corporations. There is no civilization in recorded human history that has ever attended the height and successes we have been able to make in this age and time. Some scholars have alluded to this age as the age of machines, this is because of the amount of household, office, transport and telecommunication gadgets that surrounds us every day. These achievements have come with a great price both to the ecosystem and interpersonal relationships. The big question has always been are these technological innovations driven by human needs, national pride and ego, human curiosity or the capitalist quest to invent for profit maximisation? The study by way of discursive analysis tried to show that most of modern inventions and technological advancement are driven by the quest for wealth leading to various social vices, creating environmental hazard and unequal society. The study therefore tries in recommending that technological gadgets and tools should not be produced solely because of the financial benefits that accompany the producer, but they should rather be aimed at the basic needs with basic and efficient concerns.


Keywords


Capitalism, Greed, Technology, Innovation, Invention Techno-utopianism.

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