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From what I can tell, people often assume private funding works better than public funding because they conveniently disregard when private funding is inaccessi
by zackmorris 12y ago
From what I can tell, people often assume private funding works better than public funding because they conveniently disregard when private funding is inaccessible.
I'm able to get something as basic as food stamps from the government (if I desired that) but I'm not aware of private small scale relief outside of religious organizations. I also benefitted from Pell grants and a first time home buyer grant with my girlfriend.
I think public venture funding is compelling and could lead us in all kinds of new directions because funds would be more easily obtained for the public good than sole profitability. I'd even go as far as to say that the reason so many ventures have a vacuous (if not suspect) goal is that currently we are in an era where most of the world's liquid wealth is held by private institutions rather than the people or the commons. For example I don’t see something like the moon landing happening today, or even large public works like Hoover dam (whose cost/benefit analysis can be left to a later discussion).