Tax dollars, invested into an institution that creates a public good, that is then made available to the public, where any entrepreneur can recycle it for profit and create more tax revenue. Beautiful fair capitalism at its finest!
Systems that encourage money to move into the hands of people that earn it, as opposed to lucky people who were born into it. Key examples of fair capitalism boosters (all be them for limited groups of people): 1217 England (Magna Carta for English lords), 1618 North America (when the Virginia Company introduced profit sharing for white settlers in the failing Jamestown), 1688 England (the Glorious Revolution for property owners), 1776 North America (where the new USA codified equitable rules for European men).
In all these cases Royal monopoly power was curtailed, allowing more people the opportunity to profit from their efforts. And there were relative economic booms as a result. But we strangle growth when we reinforce monopoly power, or when we reinforce laws that keep money in the hands of people that didn’t earn it (and also strengthen the political power that money alone has).
When monopoly power is a temporary reward for innovators, it works. Anyone that seeks to extend the time limits of monopoly powers beyond the sweet spot is trying to restore one of those unfair capital systems that kill economic development. They generally don’t care because for them, it is about enriching themselves whatever the cost to society.
