China’s ruling Communist Party will play a bigger role in steering its vast technology industry, the latest sign that Beijing intends to exert more influence over swathes of the world’s No. 2 economy.
Most reasoned response by far. And, agreed: I’m not saying capitalism is perfect, or even that it’s better than socialism or communism. Capitalism encourages cutting corners which obviously isn’t good when it’s something like a space mission; capitalism also brought us PFAS chemicals and leaded gasoline and Hummers and Citizens United and on and on - no shortage of evils born of capitalism we can point to.
My only point was that concentrating all research and development under the government is a sure way to slow it down (see cybernetics from one of my other responses here), and history shows it plain as day.
Most reasoned response by far. And, agreed: I’m not saying capitalism is perfect, or even that it’s better than socialism or communism. Capitalism encourages cutting corners which obviously isn’t good when it’s something like a space mission; capitalism also brought us PFAS chemicals and leaded gasoline and Hummers and Citizens United and on and on - no shortage of evils born of capitalism we can point to.
My only point was that concentrating all research and development under the government is a sure way to slow it down (see cybernetics from one of my other responses here), and history shows it plain as day.