So in this case we would be eliminating the power of the individual to undertake large, risky undertakings that would provide a net benefit to society.

Now you'd have to cobble together a group of investors, but if you can't find people who don't understand your vision, you're out of luck.

Or you could go to a bank, so now the banks have more power, but they probably won't invest in your risky idea anyway.

Okay so I guess, now it's up to the government to undertake this large risky project? Great.

I don't know, I like the fact that motivated individuals can take a large amount of their own capital and take on large projects.