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by Malarkey73
3549 days ago
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(IMHO) Absolutely everything in that response is completely wrong: 1. Railways are a real and concrete example of wrongheaded privatisation. 2. More congested roads are not an alternative to efficient rail services. 3. The greatest technological innovations of our time from cancer drugs to satellites to the internet are spin-offs from government funded research. I could bore on all day about this... 4. A good education system is an externality in that society as a whole benefits from highly trained doctors, engineers and even in my view artists and poets. It is a profoundly social enterprise that we all have a stake in. 5. Public education maybe messed up in the US (I don't know it well) but it's doing just fine through much of Europe and the UK - or even in profoundly free market economies like Singapore. Indeed the UK in particular where the tensions in education exist over school placement and better/worse schools within the public system illustrate that educational variation is usually down to social status and economics - not public ownership. |
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Of course. The rich use the State to publicly fund research (socialize losses) which they then commercialize and profit from. Otherwise they'd have to actually pay for the research themselves.