Let’s nationalize
Amazon and Google: Publicly funded technology built Big Tech
They're huge and
ruthless and define our lives. They're close to monopolies. Let's make them
public utilities
*******
Editor’s notes: So goes the headline coming out of the
far, far, Left and its featured
publication, Salon.
The argument goes like
this: Google and Amazon, two very different capitalist projects, used government funded technologies to build
their individual businesses. Therefore, the government is within its right, to adopt these businesses as “public
utilities,” and give their applied
technologies, “to the people” and their representative, the Federal Government.
Understand that Google's two founders, helped to create the necessary
technology back in the 1990’s, while students at Stanford. At the time,
Stanford was in annual receipt of federal funds in the amount of 4.5 million dollars, some of which
funded the technological research in question.
The two students graduated
and left Stanford, to set up an infant digital
search company in a garage that came to be known as Google. Federal funds,
paid to Stanford, helped pay for
the initial research, and the results of that
research belong to Stanford, not the
founders of Google. What they did after
leaving Stanford, their continued
research and the creation of the business,
was all funded with private money.
But the NeoProgressive/Marxists
among us, ala H Obama and Elizabeth
Warren (S-Mass) and Leftist publications
such as Salon, believe that if federal
funds were used in research, to any degree, there is a
claim for federal ownership. Such is the heart
and soul of Marxism.
As a capitalist, all you need to know is this: "payback" for federal "investments" comes to Central Planning via taxes, personal, sales, dividend and corporate taxes. Federal receipt of such collections end the relationship between the Feds and the technologies the Feds funded.
As a capitalist, all you need to know is this: "payback" for federal "investments" comes to Central Planning via taxes, personal, sales, dividend and corporate taxes. Federal receipt of such collections end the relationship between the Feds and the technologies the Feds funded.
________________
Googles early beginnings: http://www.politifact.com/georgia/statements/2012/jul/09/barack-obama/obamas-google-claim/
Googles early beginnings: http://www.politifact.com/georgia/statements/2012/jul/09/barack-obama/obamas-google-claim/
No comments:
Post a Comment