marshaul
Campaign Veteran
imported post
Your argument can be essentially boiled down to little more than "there was no demand until government created it".
However, there is no shortage of innovation in other areas. As I already argued, government merely co-opts the demand impetus, claiming it as its original invention.
There is little doubt that these things would have arisen without government spending. The same genius responsible would have found employ elsewhere, which employers would eventually see profit potential in their ideas. After all, it's not like government can provide genius, or ideas. All it can provide is demand potential. So, while it might take to market longer to spontaneously recognize nascent demand potential than with the government waving stolen money in its face, so to speak, once realized the superior efficacy of market-driven innovation will rapidly pick up the slack left by lack of government "initiative", leading to a better product in a shorter period of time.
Anything for which there is no nascent demand to be excited, and can only be developed through government-driven demand, is by default something which has been deemed useless by the market.
Arguing that the demand would never be created at all is essentially giving government credit for original thought, something which I believe is self-evidently false. The only matter of debate should be whether the efficacy of market-driven advancement can in fact pick up the slack left by a lack of government initiative.
Your argument can be essentially boiled down to little more than "there was no demand until government created it".
However, there is no shortage of innovation in other areas. As I already argued, government merely co-opts the demand impetus, claiming it as its original invention.
There is little doubt that these things would have arisen without government spending. The same genius responsible would have found employ elsewhere, which employers would eventually see profit potential in their ideas. After all, it's not like government can provide genius, or ideas. All it can provide is demand potential. So, while it might take to market longer to spontaneously recognize nascent demand potential than with the government waving stolen money in its face, so to speak, once realized the superior efficacy of market-driven innovation will rapidly pick up the slack left by lack of government "initiative", leading to a better product in a shorter period of time.
Anything for which there is no nascent demand to be excited, and can only be developed through government-driven demand, is by default something which has been deemed useless by the market.
Arguing that the demand would never be created at all is essentially giving government credit for original thought, something which I believe is self-evidently false. The only matter of debate should be whether the efficacy of market-driven advancement can in fact pick up the slack left by a lack of government initiative.