Second, government has also increasingly accepted that it funds the risks, while the private sector reaps the rewards. What is emerging, then, is not a truly symbiotic ecosystem of innovation, but a parasitic one, in which the most lossmaking elements are socialised, while the profitmaking ones are largely privatised.
Dear God that\’s a stupid fucking argument.
When government sucks 50% of all economic activity in the economy into its gaping maw as taxation in what fucking manner can we be said to be \”privatising profits\”?
For fucks sake, get a grip people!