From The Real News
''The fact of the matter is the U.S. does conduct a rather massive industrial policy, as you said at the outset, through the Pentagon, through the military budget. And in some ways the U.S. industrial policy through the Pentagon has been unbelievably successful. If not for the Pentagon investments in research and development and creating big markets for new technologies, we would not have created a commercial jet aviation industry, we would not have created a commercial computer industry and, most recently, the internet, which came entirely out of 35 years worth of Pentagon research, development, and guaranteed markets to create this technology, which is now perceived as having emerged completely out of some kind of free-market fantasy.''
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