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> Unfortunately universities are not immune to the realities of living in a capitalistic society This is of course true (trivially and of absolutely anything i
by staunton 3y ago
> Unfortunately universities are not immune to the realities of living in a capitalistic society
This is of course true (trivially and of absolutely anything in a capitalist society). However, it's somewhat ironic in that academia as an economic system is basically communist and rests on funding and planning by state bureaucracies. We are in fact discussing the kinds of corruption and misaligned incentives that plague communist systems. That is not to say, of course, that just making it "more capitalist" would immediately improve it.
- ModernMech 3y agoGovernment investing money in private sector research is not communism. And there is no central planning going on here, it's quite distributed. At the top the people making the decisions on how much money to be allocated to research are democratically elected in free and fair elections. At the bottom, the people using the money are distributed across thousands of independent organizations, working on their own things.