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Apple got public money from Small Business Investment Company. Nike, Ben&Jerry's, FedEx, and Chipotle got SBA loans. Google's search algorithm was funded by N
by flexie 7y ago
Apple got public money from Small Business Investment Company.
Nike, Ben&Jerry's, FedEx, and Chipotle got SBA loans.
Google's search algorithm was funded by National Science Foundation.
Apple, Google, Facebook and Amazon receive billions from American states in data tax breaks.
Tesla and Space X are heavily subsidized too.
These are just a few famous examples.
The American economy would likely be a lot smaller were it not for public subsidies of various types. Fanatic capitalism is based on a myth, or at least a massive exaggeration, of what private initiative achieves on its own.