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Ahhh DARPA, that state controlled, taxpayer funded, centrally planned bedrock of free market capitalism.
by abalone 9y ago
Ahhh DARPA, that state controlled, taxpayer funded, centrally planned bedrock of free market capitalism.
- hueving 9y agoEven if the government entity is taxpayer funded and centrally planned, this is a competition structured like a market. They set out a bid (the winning amount for the goal) and people can compete however they see fit and spend what they want. Similarly, the Army doing RFPs to buy a bunch of toilets is still a free market to compete in as a toilet supplier.
- abalone 9y agoDidn't say it wasn't "like a market" in some ways. But DARPA is very much not free market capitalism. It is state capitalism. Silicon Valley is the product of massive government investment.