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> It is very difficult (IMO impossible) for an inefficient government to “go out of business”. The Soviet Union will be glad to hear that.
by ncallaway 6y ago
> It is very difficult (IMO impossible) for an inefficient government to “go out of business”.
The Soviet Union will be glad to hear that.
- bhupy 6y agoAs with most data distributions in life, there are notable exceptions/outliers. You can probably count the number of inefficient governments that “went out of business” in the last 50 years on one hand. You’ll need several people to tabulate the set of corporations that have gone bankrupt, defunct, or M&A’d out of existence over the same timespan, in the US alone.