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There should also be a general policy requirement that the government gets say 20% of the equity of any venture based on govt-funded R&D. Currently the govt ge
by SkyMarshal 5y ago
There should also be a general policy requirement that the government gets say 20% of the equity of any venture based on govt-funded R&D. Currently the govt gets all the downside and no (direct) upside to these things.
- jspaetzel 5y agoAny economic growth helps the government in innumerable ways, the government isn't meant to be a profitable industry with a huge upside.
- cassepipe 5y agoIt is not meant to be profitable but it is meant (we hope at least) to provide infrastructure for a society in domains that are not profitable for businesses while trying not to extract too much wealth from taxpayers. Maybe it would be a good thing as it would make the state less dependent on being able to get credit at a good rate and thus less dependent on financial institutions. Do you not agree ?