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Baked into this line of reasoning is the assumption that the government is some kind of linear(ish), static system that monotonically increases the amount of fu
by AlexandrB 7y ago
Baked into this line of reasoning is the assumption that the government is some kind of linear(ish), static system that monotonically increases the amount of fuck-ups with the amount of responsibly it is given. This is the same kind of gross simplification that pretends that people are "rational agents" that "maximize their utility". Let's grow up, shall we?
- missedthecue 7y agoThe problem is that there is a huge incentive-incompatibility problem at all levels of government. It is a structural problem inherent to system thereof and is the source of the inefficiency issues. It cannot be avoided by piling on more incentive-incompatibility. You cannot fix a flaw by adding more flaw. This is why they fuck up so much from your local DMV to the federal $2 trillion stimulus program.
- radicalbyte 7y agoAnd the entire banking system in 2008 wasn't built on a pyramid of f-ups? What about the US healthcare system? Cable TV / internet? Or the rail network in the UK? I'd argue that commercial systems have a stronger systemic problem which leads to inefficiencies on a larger scale than governments. We only really see good results when we combine markets with strong government involvements to keep them fair; and that is extremely hard to get right because of regulatory capture.