3 ms·

> Look at spacex. You mean the defense contractor? Ah yes, taking gov money to build bombs is definitely going to save us from... idk what? https://observer.c

• newbamboo 5y ago
  “Government is dysfunctional” We agree on that then. I’m inclined to think that giving them more money will not make them more functional. It will do the opposite. If a private company gives you worse service do you pay them more? In economics I believe they call that a perverse incentive. Paying them proportional to their failure is the proverbial “throwing good money after bad.” Pretending there’s no such thing as “competition” or “incentives” is not merely ignorance of basic economics, it’s disastrous in a democracy that depends on rational voting.
  • kennywinker 5y ago
    > giving them more money will not make them more functional. True, but I disagree with the idea that it'll make them _less_ functional. Relying on billionaires to fix the problem give them more social capital and takes the focus away from fixing government, not to mention one of the things billionaires often do with their money is spend it on undermining the functionality of government (see: Koch brothers).