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It is a worthy feature of the system that the winners get to direct the resources. Musk used his winnings to found SpaceX and Tesla and other moonshot companie
by pirate787 5y ago
It is a worthy feature of the system that the winners get to direct the resources. Musk used his winnings to found SpaceX and Tesla and other moonshot companies. The alternative is to redistribute everything to people who have proven only that they mismanage resources.
- arvinsim 5y agoTrickle down economics doesn't work.
- JaimeThompson 5y agoMusk also got a considerable amount of government assistance, assistance that he now says others shouldn't get. I consider such a position to be rather strange.
- InitialLastName 5y agoThe two companies you named exist and are profitable entirely because Musk was able to drive government spending in his direction (launch contracts and subsidies, respectively).