It's ironic he talks about markets yet Netscape came from Mosaic, developed at a public university (Urbana-Champaign in Illinois) without market forces. HTML and HTTP developed at CERN, another public institution.
In the usual pattern, there's something mysterious and totally unexplainable happening where all the systems have broken down somewhere between when Person X was a beneficiary of the system and when Person X is expected to be a benefactor to the system.