>We don't have it because building these things requires long term investments and folks like Marc and his investors are not interested in long term investments

>We don't have it because building these things requires long term investments and folks like Marc and his investors are not interested in long term investments. America's corporate leadership has pursued elastic labor forces with minimal training (and therefore minimal flexibiity), outsourced manufacturing (and therefore long lead times on domestic production) and minimal redundancy in infrastructure because these rich folks think, plan and act on a quarterly calendar. We don't build new homes because homeowners like the value of their goods protected by intense scarcity. We don't compete with China because capital sees value in redundancy only with the framework of internal corporate prognostication, not as an actual net good when considered in a system I would very much like the author of the essay to read "Of Flying Cars and the Declining Rate of Profit": >With results like these, what will the epitaph for neoliberalism look like? I think historians will conclude it was a form of capitalism that systematically prioritized political imperatives over economic ones. Given a choice between a course of action that would make capitalism seem the only possible economic system, and one that would transform capitalism into a viable, long-term economic system, neoliberalism chooses the former every time. https://thebaffler.com/salvos/of-flying-cars-and-the-declining-rate-of-profit https://thebaffler.com/salvos/of-flying-cars-and-the-declini...