I know about Bell Labs and their contributions. They were the one positive thing from Ma Bell, but there were a LOT of other bad things in Ma Bell that I'd rather not see come about again. I bet we can have a Bell Labs-like thing exist without all the other crap.
I'd love to see it. Where is this fabled research giant that doesn't need a bunch of funding from a giant corporation?
I mean, I guess you could look at DARPA or other government agencies as some sort of equivalent, but you're not exactly escaping controversy by getting your funding from the DoD...