Do you have an example where funding was given out with zero accountability? I've worked at a number of universities and national laboratories for particle research and they all had multiple layers of accountability. At the top of any public funding structure is congress and the president and bigger initiatives will even be line items in public agency budgets. At the bottom are the required regular reports (I had biannually) to grant monitors and often independent review panels and committees (for one big project I had to do that annually on top of reports). In the middle are people who make it their jobs to find ways to save money, get money to the most promising projects, and communicating up to elected/presidentially appointed officials and down to researchers to keep this together. Both DOE and NSF funding are structured this way and represent virtually all federal channels to get money for particle physics, both experiment and theory.
What's the funding you're referring to with zero accountability?
The question, I think, is “how many alternative theories were dismissed by no funding?”
IF there was other people asking for funding for other topics or theories were dismissed because “strings are cool” then I expect some explanation. And boy there were other theories and projects asking for funding!
Do not read "the system is perfect" or even "good" from my post. I'm focusing only on the claim from the post above that there is "zero accountability". The people accountable are everyone in the chain I described and the whole thing hinges on people that ultimately answer to elections.
What's the funding you're referring to with zero accountability?