Are you serious? This quote is all you need to see:

> Left to its own devices, the private sector is far more likely to impede technological progress than to advance it. That’s because real innovation is very expensive to produce: it involves pouring extravagant sums of money into research projects that may fail, or at the very least may never yield a commercially viable product. In other words, it requires a lot of risk – something that, mythmaking aside, capitalist firms have little appetite for

Meanwhile, America keeps on innovating despite being capitalist imperialist scum!!! What a terrible, blatantly biased article. I'm a big fan of public sector research and funding, but let's be real here. The person who wrote this article should go back to school.