By the way, businesses in competitive industries are highly incentivized to allocate resources toward these ends. If you’re good at what you do, money is never the bottleneck — talent is. You absolutely want a highly skilled, geographically unrestrained labor force
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You can disagree with my perspective, but I'm a shameless capitalist shill because I genuinely believe that compounding economic growth makes life better for the large-but-dwindling group of people who are currently suffering inescapably
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There’s an offense and a defense, in your voting life the defense has been louder but in mine the offense has made some strides!
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The gov't model is generally "Restrict Supply, Subsidize Demand", which generally limits choices and mobility. http://www.arnoldkling.com/blog/restrict-supply-subsidize-demand/ …
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I think you can make a pretty good case for spending government money to make sure kids end up fed and educated. It's reasonable to expect adults to take care of their own affairs, barring severe mental disability. But kids are pretty helpless.
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The current education system is in large part just terrible daycare. I genuinely think it’s performing the equivalent of a nonsurgical lobotomy on smart kids.
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Perhaps, if we distribute profits at the source, e.g. via democratic ownership structures like co-ops, we avoid the accumulation and subsequent need for redistribution.
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Because the government can only do REdistribution, when the core problem is distribution. Centralization guts small towns and gentrifies cities; the focus should be on organic decentralized growth - something that is incompatible with bureaucracy.
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Oddly...the best investments are early stage where there is a huge funding deficit. Amazingly this includes young people with no money but not old people with more than they know what to do with.
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I'm kinda digging what you're saying... and definitely the implication that govt spending should be held to a high standard of effectiveness. That said, the slam against govt here seems a bit of a low blow. What's a decent comparator... especially when it comes to youth?
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