>why doesn't neo-liberal capitalism fix this problem?
The whole point of academia is to subsidize research before it gets to an application phase. How can a private firm compete with academia who benefits from government funding and are tax exempt? Trying to pin this problem on "capitalism" is just lazy.
No, lazy would be straw-manning a stranger's argument for no good reason to elicit an emotional reaction. It's a style of communication that seeks conflict rather than understanding, and there is plenty of it on twitter and reddit, but not here.
The whole point of academia is to subsidize research before it gets to an application phase. How can a private firm compete with academia who benefits from government funding and are tax exempt? Trying to pin this problem on "capitalism" is just lazy.