It seems a bit too easy to challenge the left to show that the public sector can do amazing things ... when the public sector doesn't have the freedom of action we've given to the private sector, and the left isn't even in control of it right now. "Come on, let's fight, you with your hands tied, and see who's better." Cheap shot, Marc.
Point the second: of course a VC wants people to build. Of course a VC wants creative destruction and displacement of incumbents. But - as I see other people wondering as well - what's a VC going to do about it other than sit on the highest stock tranches and reap most of the rewards?
The left is in control in both California and New York, and many of the problems there are in the realm of state/city governments rather than federal government.
Healthcare, mental healthcare, and welfare for those in the bottom quintiles are two huge problems that are not in the realm of California and New York.
In general, any problem of wealth redistribution (the ones I mentioned above) require a federal solution, otherwise any locality trying to solve them will end up getting an influx of the welfare receivers and possibly an exodus of the taxpayers.
Point the second: of course a VC wants people to build. Of course a VC wants creative destruction and displacement of incumbents. But - as I see other people wondering as well - what's a VC going to do about it other than sit on the highest stock tranches and reap most of the rewards?