IF cold fusion is ever developed, it with be Capitalism that does so.
Dumb ****, it was not private enterprise that gave us the present nukes. Not private enterprise that built the great hydro-electric system that has served this nation so well. Not private enterprise that delivered electricity to the rural areas in this nation. It was not private enterprise that funded the Corp of Discovery, or the transcontinental railroad.
Private enterprise didn't invent nuclear weapons, but it did build all the nuclear power plants that supply power to communities.
Private enterprise can't build a damn because it doesn't have the power of eminent domain, and all the land flooded by a reservoir has to be confiscated.
Who cares if Lewis and Clark explored the Louisiana territory? How did that benefit the taxpayers?
The transcontinental railroads were huge boondoggles rife with graft and corruption. The Credit Mobilier scandal was a direct result of the federal government's involvement in building the transcontinental railroads. All the railroads involved went bankrupt because the tracks were so shoddily built and poorly laid out. Rather than plot the most efficient course, the railroads chose the path which went through the district of as many members of Congress as possible. This not only increased the number of miles the government subsidized, it curried favor with powerful members of Congress. I suppose that's the benefit of eliminating the profit motive from American industry: graft, corruption, bribery, scandal, huge cost increases and bankruptcy. Hmmmm . . . that sounds familiar, like a recent mortgage scandal we just endured.
Private enterprise provides all the electricity to rural areas in this country. However, the federal government subsidizes this enormous boondoggle. If people want to live in rural areas, they can pay the true cost of electricity rather than forcing families living in the ghetto to subsidize their lifestyle.