You can make money by taxing Google heavily, or by growing your own Googles, but probably not both.
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Good point — Socialist & Communist countries definitely have the planning power, and are primed to have a tendency to carry out this kind of endeavor. Now that you brought this up, East Germany was a manufacturing powerhouse; Nearly 40% of the labor force was put into industry!
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And the USSR’s massive contributions to their Spaceflight program are not to be discounted either. Space race anyone?
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What about China?
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I don’t see any google grown by the State over here. Closest one is Yandex, which started and grew w/o any state and gov support for years.
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@durov can tell you more about how his "Russian Facebook" was bought by proxy-government businesses.
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What about Australia which put millions into CSIRO and subsequently invented WiFi.
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