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No, huge companies exists because large accumulations of capital put to productive uses allow for better economies of scale, producing better and cheaper servic

No, huge companies exists because large accumulations of capital put to productive uses allow for better economies of scale, producing better and cheaper services and products, which the public benefits from. Our overgrown states don't foster innovation and wealth, but hinder it.

allendoerfer 6y ago
Who do you think founded SV (and thus Apple) initially?
solstice 6y ago
To address only a tiny sliver of that massively one-sided view of yours: At least in many European countries, publicly-funded universities train the scientific, engineering and managerial talent these corporations need.
- fidelramos 6y ago
  Of course, the states take so many taxes from its citizens that most of them cannot afford private education or healthcare, they are forced to the monopolistic public services, which are usually more expensive than their private counterparts. I'm not arguing that the states don't give us anything in return for the massive taxes they force upon us, but that what the society as a whole gets in return is much less than what they would get if the state let them had their money instead to spend as they saw fit. There is another poison pill hidden in the public services: because they look free to the economically untrained eye people tend to overuse and overconsume them. That's why you see so many college graduates in careers that end up having no work use, thus becoming wasted human capital. If people had to pay for their education they would see the costs up front and be more efficient with their decisions.
  - ciceryadam 6y ago
    I see health insurance on the same level as other health related services guaranteed by the society, coming out of your taxes. Sure, many people don't need health insurance right now, but many people don't need the fire department without having their house on fire, but they still accept that their taxes are funding the fire department. As you said, these are "monopolistic public services", so for me it doesn't make sense not to have healthy people insured. The more healthy people are insured, the lower premiums are payed by everyone, and in case of crisis, no one gets left behind.
istjohn 6y ago
Yes, this is true. Thus Somalia's ascendant tech scene. No pesky state to get in the way of innovation.
- fidelramos 6y ago
  There need to be law and order, either by a minimal but efficient state or by private enterprises. Somalia has neither.

allendoerfer 6y ago

Who do you think founded SV (and thus Apple) initially?

solstice 6y ago

To address only a tiny sliver of that massively one-sided view of yours: At least in many European countries, publicly-funded universities train the scientific, engineering and managerial talent these corporations need.

fidelramos 6y ago
Of course, the states take so many taxes from its citizens that most of them cannot afford private education or healthcare, they are forced to the monopolistic public services, which are usually more expensive than their private counterparts. I'm not arguing that the states don't give us anything in return for the massive taxes they force upon us, but that what the society as a whole gets in return is much less than what they would get if the state let them had their money instead to spend as they saw fit. There is another poison pill hidden in the public services: because they look free to the economically untrained eye people tend to overuse and overconsume them. That's why you see so many college graduates in careers that end up having no work use, thus becoming wasted human capital. If people had to pay for their education they would see the costs up front and be more efficient with their decisions.
- ciceryadam 6y ago
  I see health insurance on the same level as other health related services guaranteed by the society, coming out of your taxes. Sure, many people don't need health insurance right now, but many people don't need the fire department without having their house on fire, but they still accept that their taxes are funding the fire department. As you said, these are "monopolistic public services", so for me it doesn't make sense not to have healthy people insured. The more healthy people are insured, the lower premiums are payed by everyone, and in case of crisis, no one gets left behind.

istjohn 6y ago

Yes, this is true. Thus Somalia's ascendant tech scene. No pesky state to get in the way of innovation.

fidelramos 6y ago
There need to be law and order, either by a minimal but efficient state or by private enterprises. Somalia has neither.