4 ms·
I haven't actually read the article, just thought you'd be interested in Mariana Mazzucato's discussion of Apple in The Entrepreneurial State "which argues that
by f00_ 8y ago
I haven't actually read the article, just thought you'd be interested in Mariana Mazzucato's discussion of Apple in The Entrepreneurial State "which argues that the United States' economic success is a result of public and state funded investments in innovation and technology, rather than a result of the small state, free market doctrine that often receives credit for the country's strong economy."
I just think it's crazy how much public subsidy went into creating Apple, and yet they're still seeking tax havens like Ireland
socialize the losses, privatize the profits i guess
- tonyedgecombe 8y agoWhat Apple losses have been socialized?
- y4mi 8y agohe's talking about infrastructure (streets, trains, water, ...) and similar. all the stuff you're supposed to pay taxes for...
- tonyedgecombe 8y agoI understood the first part but that isn't the same as socialising losses. This isn't the same as bailing out a failing bank because it's too big to fail.
- ric2b 8y agoAll the research they get for free that is funded with public money might be one.