Public companies are only interested in short-term profits.
Technically a private company by an eccentric billionaire (musk? bezos?) could be perfectly happy to burn billions to build a moon base
Technically a private company by an eccentric billionaire (musk? bezos?) could be perfectly happy to burn billions to build a moon base
> On a smaller scale, SpaceX, Musk's rocket company, cut a deal for about $20 million in economic development subsidies from Texas to construct a launch facility there. (Separate from incentives, SpaceX has won more than $5.5 billion in government contracts from NASA and the U.S. Air Force.)
$20m is pocket change as subsidies go. And if you consider the contracts that NASA has with SpaceX as subsidies then you'd have to think that about Boeing and BAE and all the other defense contractors.
Cost-plus procurement being corporate welfare is a valid position, but it's a much bigger issue than SpaceX.
Quite a few many pioneers like Hinton, Bingo ,maybe LeCun(was working with Hinton before moved to NY) are happened to be from Canada. I realized the answer for the mysterious coincidence until I watched the video that Hinton explained why he moved to Toronto: There was not enough funding from US other than Military at the time while there were some funding in Canada that didn't demand much instant result from his research.
The healthcare system in Canada is also better than the states although it has a lot lot lot of problems. I believe socialist Canadians care more about people than efficiency of the system initially but it ended up with only 6 or 7 payers for the cost and less overhead instead of more than 2 thousands of payers along with less regulated but very complicated system.
The hi speed train system in China funded by government totally changed the concepts of distance , time, space , contribute so much to economy beyond calculation. I guess if California government can do the same thing, Silicon Valley would spread to be a bigger area and a lot of developer can afford housing by living 100 miles away from where they work.
BTW, I myself was quite pro small government/free market but became more moderate not because I'm influenced by my follow Canadians but by looking it at "High Order" level of efficiency.