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The 80 per cent also includes the large rent seeking corporations. It is in their interest to stifle innovation as well, or if not, then be in a privileged posi
by antihipocrat 5y ago
The 80 per cent also includes the large rent seeking corporations. It is in their interest to stifle innovation as well, or if not, then be in a privileged position to aquire it once it has been de-risked.
- smitty1e 5y agoIndeed.
- antihipocrat 5y agoAfter posting I realized you had effectively said the same thing. To your point about government acting as a referee to ensure the free market is operating effectively, I don't see that happening unless the electorate demands an end to all activities that could lead to regulatory capture. I'm not sure if this is ever possible..
- smitty1e 5y agoNot in the sense of an end state. This is something that requires eternal vigilance from voters. Yeah. Right. Maybe.