Originally posted by Ponderable
You are right:
* Any investor will look for some profit for their investment. And power is just very cheap these days as opposed to some schemes proposed. Especially solar power is quite expensive.
* The state has some power to steer investment by tax breaks and things like that. But in the long run it is not worthwhile for a society to give axpayers money to investors...
I wasn't suggesting giving
taxpayer money to investors, but I'm not really sure if that's what you meant
to say. I was simply daydreaming of some way to woo private investors into participating in these ventures in some small way. I was mostly talking tongue in cheek, and poking a bit of fun at people who forget it's their
money being invested in risky and previously untried ventures... and by risky I mean likely to fail if left on their own to sustain themselves through market forces alone... a bit like supporting a lazy relative who doesn't seem able to support himself.
There's a reality show called The Shark Tank I've started watching bits and pieces of. Sometimes when I'm channel surfing I'll land on that show and watch it for a while. I didn't think I'd like it, but it's already starting to grow on me and capture my interest. It's made up of a panel of private investors who listen to pitches from people who've come up with a new idea or product. The fun begins when the "Sharks" evaluate the product being pitched, either expressing interest in it or pointing out problems with trying to market it. And if they think it has potential they'll negotiate with the inventor and compete among themselves for how much their willing to invest and how much market share will be in it for them and blah blah blah blah... the nuts and bolts of negotiation will start putting me to sleep before too long.
The reason I like this show is because it has nothing to do with taxpayer money or government involvement in getting a consumer to accept some new product. It's all about supply and demand and normal free market forces. 100% all natural organic free range market forces... no artificial colors or flavoring. And no artificial infusion of money from people who don't have much power or say over how their money is used... aka the taxpayer.
Edit: "... in the long run it is not worthwhile for a society to give [t]axpayers money to investors..."
Oops, I think I misread that. I don't believe you were talking about giving taxpayer money to private investors (to invest), I believe you meant using tax payer money for the investment itself.