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just google the phrase “five billion dollar joint venture”. They don’t come from rich peoples’ pocketbooks, but they do from other areas and are important. And don’t come from governments. They come from the businesses lol.

Similarly, early and late stage venture funding and other forms of funding different companies would also take a haircut, probably (not much with a 10% tax above 100M, yes with a 100% above 100M). Which would suck for people who like medicine and electricity

> ITER and LCH

Yeah governments absolutely can fund things. The question is should they fund everything. And you should note that they weren’t funded by “workers councils”.

dude we have regional workers councils it’s called state legislatures and they absolutely do fund stuff. We even have decentralized hierarchical councils - city and county govt! And they do make infrastructure decisions! What they don’t do is fund chip development or factory scaling. And even the things they do fund they offload the decision work to experts (not workers).

discuss

TaylorAlexander|4 years ago

Yes I added an edit after your comment to clarify that the point about ITER and LHC was just about how people could allocate funds for big projects, but of course there are innumerable examples for that.

My point is not that The State should fund everything. It is that groups of people can elect delegates and those delegates can make decisions for us. I don't want them to be made by a centralized state but instead by voluntary collectives. Basically I advocate for worker owned collectives to manage the production that those same workers depend upon. This would I think lead to more freedom with less exploitation. Those workers would have dominion over the profits they generate, rather than the current arrangement where that control is traded for a wage. I believe this could lead to a world where all people accumulate enough wealth that they no longer need to work to survive. But that can never happen if an elite class siphons off all the workers' profit to spend billions on pet projects for amusement.