close tax loopholes and cut corporate welfare can accomplish the same. SV billionaires act as merit cover story for 1% smash and grab.
Conversation
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the cover stories are often written by trusties trying to deflect blame directed at inherited wealth circles they identify with
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I'm really baffled by the one-sidedness of your view on this. You really see no way libertarianism leads to lower R&D investment?
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Where did I say that? You're making vague association between evils of inequality and R&D
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well then explain to me the connection you see between the two. Do you see ideological causes behind lowered R&D investment?
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Cronyism model perfected in 1950s, broke by 1974, replacement Reagonomics achieved a flawed reboot but couldn't kill cronyism
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Cronyism is bipartisan Republican/Democrat creation. One wants military industrial complex, other wants welfare state.
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do military or corporates get some credit for the cronyism or did the government types corrupt themselves all by their lonesome?
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McNamara was perfect example. Ford --> government --> Vietnam with entourage.
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I know that history. Do you not think continued cronyism plays any role in current wealth gap?
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Of course. That's part of what pisses off sincere libertarians and why they're suddenly turning into unlikely liberal allies

