just google the phrase “five billion dollar joint venture”. They don’t come from rich peoples’ pocketbooks, but they do from other areas and are important. And don’t come from governments. They come from the businesses lol.

Similarly, early and late stage venture funding and other forms of funding different companies would also take a haircut, probably (not much with a 10% tax above 100M, yes with a 100% above 100M). Which would suck for people who like medicine and electricity

> ITER and LCH

Yeah governments absolutely can fund things. The question is should they fund everything. And you should note that they weren’t funded by “workers councils”.

dude we have regional workers councils it’s called state legislatures and they absolutely do fund stuff. We even have decentralized hierarchical councils - city and county govt! And they do make infrastructure decisions! What they don’t do is fund chip development or factory scaling. And even the things they do fund they offload the decision work to experts (not workers).