symbolipoint
Homework Helper
Education Advisor
Gold Member
- 7,581
- 2,030
phinds said:Good point.
Bad point, for America at least. Capitalism does a decent job of making marketable that which IS marketable and trying to force the issue rarely works well. Just look at disasters created in China and Russia when the state decided what is marketable and what isn't. Even now, when China no longer has a totally central economy, it is not doing as well as it would if they avoided state owned and run companies.
phinds said:Good point.
Bad point, for America at least. Capitalism does a decent job of making marketable that which IS marketable and trying to force the issue rarely works well. Just look at disasters created in China and Russia when the state decided what is marketable and what isn't. Even now, when China no longer has a totally central economy, it is not doing as well as it would if they avoided state owned and run companies.
Government can make some things marketable, such as the Sciences, and this has been done, outside of ordinary routines of capitalism, and this has made sciences more marketable. Pick any example country you like. An example may be, the space-race during the 1960's. Increases in students studied the Sciences, Mathematics, and Engineering. Those who graduated either found government jobs or jobs in companies involving S.T.E.M.ISamson said:What disasters were there?
What is the problem with the state deciding what is marketable and what is not?