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To: PIF

I have issues with Musk—but my number one issue:

—Takes lots of government money while claiming he is a capitalist


21 posted on 02/28/2021 9:15:12 AM PST by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: cgbg

I have issues with Musk—but my number one issue:

—Takes lots of government money while claiming he is a capitalist


Why not? Some one else would just soak up the money. Besides he’s doing more with the little he gets from the Feds then others who get far more.

He’s made rocketry look more like science fiction of decades ago, while NASA has spent billions and still has not been able to achieve what they did in 60 years ago.

NASA: waste of space. Musk: money well spent.

And BTW, Being a Capitalist does not preclude accepting money from a government source.

Here’s one definition of Capitalism:
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, a price system, private property and the recognition of property rights, voluntary exchange and wage labor.

Here’s one definition of a Capitalist:
1. A supporter of capitalism. 2. An investor of capital in business, especially one having a major financial interest in an important enterprise.

Notice there is no hedge against taking government money. So Musk is correct. And Property Rights are far more important in the definition of Capitalism than fiscal sources.


24 posted on 02/28/2021 9:44:40 AM PST by PIF (They came for me and mine ... now its your turn)
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