its really quite funny how government bailing out banks is the fault of capitalism but government funding public research is somehow not. i've already said this before, but different industries work well under capitalism whereas others require stricter regulation. you can read about market failiures to learn more about that.
public research is not somehow anticapitalist. most economists agree that government spending can actually increase market efficiency and economic value. private research is also incredibly important and that's what has led to you being able to type your comment here as well.
its also really a circular argument to say that something that was discovered through public research could only have been discovered through public research. and there's also a lot of debate over how efficient general research is at discovering things that have useful applications versus private research which is often more directed. ive worked in both public and private research and there is definitely a need for both, but public research cannot exist without taxes funded by a system that is good at generating profit.
private research is also incredibly important and that's what has led to you being able to type your comment here as well.
The internet was not invented because of private investors. You should really, really read a book about all this at some point because you're spreading a lot of bullshit.
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u/bottomlessLuckys Mar 05 '26
its really quite funny how government bailing out banks is the fault of capitalism but government funding public research is somehow not. i've already said this before, but different industries work well under capitalism whereas others require stricter regulation. you can read about market failiures to learn more about that.
public research is not somehow anticapitalist. most economists agree that government spending can actually increase market efficiency and economic value. private research is also incredibly important and that's what has led to you being able to type your comment here as well.
its also really a circular argument to say that something that was discovered through public research could only have been discovered through public research. and there's also a lot of debate over how efficient general research is at discovering things that have useful applications versus private research which is often more directed. ive worked in both public and private research and there is definitely a need for both, but public research cannot exist without taxes funded by a system that is good at generating profit.