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Taxpayers Helped Apple, but Apple Won't Help Them
Mariana Mazzucato, Harvard Business Review
Capitalism |
Many of the “new economy” companies that like to portray themselves as the heart of U.S. “entrepreneurship” have very successfully surfed the wave of U.S. government-funded investments. Hence, one secret to Silicon Valley’s success has been its active and visible hand, in stark contrast to the Ayn Rand/Adam Smith folklore often bandied about.
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