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Large monopolists like Bell are basically non-governmental tax authorities. Tax-funded research can be effective, but it can also be horribly ineffective. It
by rmrfstar 6y ago
Large monopolists like Bell are basically non-governmental tax authorities. Tax-funded research can be effective, but it can also be horribly ineffective.
It is worth observing that the quality of DoD acquisitions and public-funded R&D also declined around the time of Bell's most recent breakup.
Might there be other forces at play than the dissolution of a single company?