So You Think Private Sector is More Innovative Than Public Sector?
It’s the taxpayer money that creates an environment for private enterprises to flourish
Silicon valley spewing out tech billionaires is a common occurrence now. It’s considered the crown jewel of the American economy. The Galt’s Gulch of 21st century.
But what if the laissez-faire economy that the “hub of innovation” champions built its foundations in a not so laissez-faire way?
What if the quaintly glamorous leaders, championing individualism, proponents of free markets and capitalism are only the cover story and not the entire book? What if the silicon valley idea of how the world should work is as hollow as the happiness that people derive from their social media apps?
What if the capitalistic, for-profit ideology suppresses innovation instead of encouraging it? What if public institutions create more breakthrough inventions than private ones?
Can we then stop glamorizing the “move fast and break things” fad and start talking about the “move however you want, but build real things” industry?
Can we then work towards creating a better world where “creating a better world” is no more a cliche?
