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by FlownScepter 1944 days ago
And public sector money props them up each year when they pay little if any taxes, and we also fund their research endeavors because corporations are notoriously shitty at that sort of thing.

99% of private sector "innovation" is repackaging the stuff created under DoD/DARPA research projects. Then once that's done, they corner cut.

2 comments

> when they pay little if any taxes

Who’s paying the taxes then?

Who's left if you remove corporations? It's individuals, and more and more over time it's the middle strata of earners.
I dunno man, you tell me. We're perpetually running out of money every time we're talking about doing things like helping people not die or freeze to death, yet miraculously we always have trillions around to funnel into more tanks that will rust away in a field in Kentucky, but we can't help people survive the deadly plague circling the globe by just paying them to stay home, yet also have the money to just GIVE Wall Street 3.5 TRILLION DOLLARS, like just here, not a loan whatever, it's all good bro. Just 3.5T for 30 minutes-ish of market stability.

You explain how this shit is working for anyone not in the C-level or political classes.

The only time I hear about Supply and Demand is when poor people get fucked. Nobody is worried about the money supply when we're pissing streams of BILLIONS into the military industrial complex, when we already have a military multiple factors larger than anyone else on the fucking planet. Yet in the midst of shitloads of people not being able to afford rent, we can't like, defer mortgages or just give the people money, noooo, that'll hurt the moooneeeey.

Where did you get this number?

Which DoD/DARPA stuff do FAANG repackage?

They often repackage a shit ton of open source software developed by volunteers, all of which is running on Internet standards originally developed by the Department of Defense for military use. Most of the tech in the servers was developed by various DARPA initiatives surrounding transistors and solid-state memory.

Mind you these things were invented at companies, yes, but almost every time if you dig deep enough you'll start finding the lists of the various grants given to said companies to fund this research, because otherwise they just tend to not do that. This is not controversial stuff, it's very normal.