3 ms·
> Public systems however have the same price pressure than private systems, since people put this pressure up via democracy. Not at all. Far from it. This is a
by alentist 6y ago
> Public systems however have the same price pressure than private systems, since people put this pressure up via democracy.
Not at all. Far from it. This is a very naive view of voting and public choice systems. See for example:
https://en.wikipedia.org/wiki/Public_choice#Special_interests https://en.wikipedia.org/wiki/Public_choice#Special_interest...
https://en.wikipedia.org/wiki/The_Logic_of_Collective_Action https://en.wikipedia.org/wiki/The_Logic_of_Collective_Action
https://en.wikipedia.org/wiki/Government_failure#Political_self-interest https://en.wikipedia.org/wiki/Government_failure#Political_s...
https://en.wikipedia.org/wiki/Regulatory_capture https://en.wikipedia.org/wiki/Regulatory_capture
https://en.wikipedia.org/wiki/Public_choice#%22Expressive_interests%22_and_democratic_irrationality https://en.wikipedia.org/wiki/Public_choice#%22Expressive_in...
https://en.wikipedia.org/wiki/Rational_ignorance https://en.wikipedia.org/wiki/Rational_ignorance
https://en.wikipedia.org/wiki/Principal%E2%80%93agent_problem https://en.wikipedia.org/wiki/Principal%E2%80%93agent_proble...
https://en.wikipedia.org/wiki/Jerry_Pournelle#Pournelle's_iron_law_of_bureaucracy https://en.wikipedia.org/wiki/Jerry_Pournelle#Pournelle's_ir...