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Politics : Actual left/right wing discussion
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To: TimF who wrote (2482)10/10/2006 12:50:39 AM
From: Peter Dierks  Read Replies (1) of 10087
 
Subsidy or "government support for a technology". What is the difference?

"Yes it is intended to be beneficial to society but many government interventions are."

A patent is a programmatic system designed to allow people to exploit their own inventions and recoup their investments when the idea is commercial. When you said "many government interventions are intended to be beneficial to society" the statement implied that a patent was of equivalent value to society as other government interventions.

I steadfastly believe "That government which governs least governs best." Government intervened once to create a patent system (and since has tweaked the system periodically since then). On the other hand things like "targeted tax cuts" tend to distort systems and produce inefficient results.
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