this post was submitted on 31 Dec 2023
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[โ€“] [email protected] 11 points 8 months ago (1 children)

Which would actually accelerate progress more than any other national allocation of funds.

Ever since the industrial revolution, the driver of progress has been mass purchasing and mass production.

If only billionaires could afford an iPhone, we would only be on the 3rd or 4th revision by now.

It was the subsiding of cell phone hardware that accelerated that market because carriers effectively covered hundreds of the costs so nearly everyone was buying them every two years.

If people want acceleration of the future, inject as much money as possible to main street - it's the closest equivalent to throwing fuel on the fire of industrial capitalism.

Hoarding it among executives or money traders is a fickle and temporary accelerant which is much slower than the alternative over sustained periods.

[โ€“] fruitycoder 1 points 8 months ago

Are you trying to tell me that millions of people making informed decisions on what they need is more effective than a few dozen lobbiest, CEO's and bureaucrats? That's crazy! /S