The problem is that new ideas are generally not as profitable as existing ones, even if they are a benefit to society.
Volkswagen’s innovations are diesel gate and subsidies demands for petrol cars.
Governments have both the ability to punish and reward. I’m simply trying to promote the latter. Now, one thing I loath is using taxpayer funds to help companies make money, so the research and implementation of a better way has to include an equity stake, or outright ownership.
They’ll change if the profit is to be made elsewhere. Also the threat of liability can help.
The problem is that new ideas are generally not as profitable as existing ones, even if they are a benefit to society. Volkswagen’s innovations are diesel gate and subsidies demands for petrol cars.
Governments have both the ability to punish and reward. I’m simply trying to promote the latter. Now, one thing I loath is using taxpayer funds to help companies make money, so the research and implementation of a better way has to include an equity stake, or outright ownership.