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The main economic function of employees of agencies in DC is the transfer of risk away from the DC housing market, onto the American people. The career employee
by killjoywashere 6y ago
The main economic function of employees of agencies in DC is the transfer of risk away from the DC housing market, onto the American people. The career employees of the military, as a particularly extreme example, exist to transfer risk away from the DC housing market as far away as possible, which ultimately ends with special forces personnel deployed to hostile territory.
Similarly, the main economic function of employees of big tech companies is transferring risk away from the West Coast housing markets, onto their users.
In my experience, the only way to handle the government side of this is to "not waste the crisis" and execute under conditions where they will see stopping you as more risky than not stopping you.
The only way I know of to manage large corporations is to get the government to create incentives that make it riskier for them to transfer risk onto their customers. That's what financial penalities and anti-trust law are for. The trick is you have to go back to the point about the government: you have to make action less risky for the government actors than non-action.