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pj_mukh | 4 months ago
At least in the American context everything from California High Speed rail to bloated defense spending has shown that VC’s are much better shepherds of their own money.
pj_mukh | 4 months ago
At least in the American context everything from California High Speed rail to bloated defense spending has shown that VC’s are much better shepherds of their own money.
piva00|4 months ago
It was designed to lose this ability, and to lean onto private enterprises to do anything but in the past the government was able to rollout highways, go to the moon, build dams, bridges, power plants.
If both the government and VCs are now unreliable to shepherd capital to direct it to the improvement of society at large you might need to rethink the whole system, and work to nudge it into a better path.