Comment by throwaway27448

Right, it should simply compete on the open market with zero-margin public companies. A very straightforward way to incentivize efficient markets when other mechanisms fail. Not every industry and certainly not every process benefits from innovation—schumpeter, the father of the modern vc industry, was very emphatic about this.

There are many issues to have with this too, of course—the devil is in the details. If we implemented it today this process would look like paying five guys billions of dollars to pay northrup grumman slightly less to subcontract producing basic products to firms overseas anyway