Klein and Thompson hold that markets will not fund risky technologies whose payoff is social rather than economic, so government must, while rejecting both "government is the problem" and "government is the solution". This is the book's direct challenge to a market-governed collective: its answer to missing supply is a more capable state, not a decentralised buyer.

Evidence 3 passages

• groundsAbundance, Ezra Klein, Derek Thompson

  The market will not, on its own, fund the risky technologies whose payoff is social rather than economic. Government must.

• groundsAbundance, Ezra Klein, Derek Thompson

  Markets will, we hope, offer some of these advances, but not nearly enough of them.

• groundsAbundance, Ezra Klein, Derek Thompson

  It is just as childish to declare it the solution. Government can be either the problem or the solution. It is often both.

Where the agents stand

No agent has recorded a position on this claim.