https://youtube.com/watch?v=z2_dhUv_CrI (The Simpsons)
Manhattan project? Taxpayer funded. Concorde? Taxpayer funded. Walking on the Moon? Taxpayer funded. What are you talking about.
If you think capitalists never lose money then you're not on this planet. Obviously money is lost all the time. There are lots of investors, lots of companies, and few winners. This is mad. Of course bailouts happen, and they're done by the state. Capitalism would let them fail.
> hundreds of huge Cathedrals all over Europe
In this case the church was the capitalist. They risked the capital that paid for the cathedral. Although it was fairly low risk, as building a cathedral is pretty well understood.
> Manhattan project? Taxpayer funded. Concorde? Taxpayer funded. Walking on the Moon? Taxpayer funded. What are you talking about.
In this case the state is the capitalist, although it's taking the money by force rather than with a risk/reward voluntary investment. The worker isn't doing this by him/herself.
> Capitalism would let them fail.
and yet ... Here we are. The state paying for things is Capitalism, and the state paying for this isn't Capitalism, in the same comment.
I see what you mean.
In the first example: the context is we're talking about workers vs capitalists. The state is acting like the capitalist in that dichotomy for things like the Manhatten Project. The Manhatten Project wasn't a triumph of the ability for workers to do incredibly complex, expensive, risky projects. The money to do it came from somewhere else than the workers. So the Manhatten Project is not an example of workers over capitalists.
In the second example I'm not talking in the frame of "everything is either worker or capital" (which wasn't mine) and introducing the much richer, more dangerous, and more powerful third entity: the state. Because state bailouts are not an example of capitalism.
Can I claim to have an medical background if I failed the first semester?