I've been working on pulling together a call for review and renewal of our science system here in Aotearoa. A huge part of the problem with the system is a mistaken understanding of the role of fundamental reasearch, what innovation is, and the effects of venture capital based capitalism. This podcast and the transcript breaks it down.
Also the transcript.
Via The Standard.
The upshot is that in the 40 years since we were first told about trickle-down-economics we have yet to see it work as described. Anywhere, ever. They are still peddling this clearly false idea for their own benefit. They have had 40 years. Time to pull together and push for a better way.
Typical vampiric behaviour from the super rich. See also the interview below.