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> corruption seeps in and becomes endemic After 500 years, is the Fuggerei endowment fund corrupt? I do not know about their internal workings. As I said, in
by nanis 5y ago
> corruption seeps in and becomes endemic
After 500 years, is the Fuggerei endowment fund corrupt?
I do not know about their internal workings. As I said, in this special case, verified adherence to the rules of a specific religion may help. However, history is filled with examples of catholic clergy dispensing with favorable judgements in exchange for things of value. How do you know if a more "deserving" person was not passed over for someone else who may be had a good connection or promised personal favors etc.
Regardless, I was referring to the situation when someone tries to replicate something which seems to work in a 160 person case at a grand scale.
- mattcwilson 5y agoWhose definition of “deserving” is most applicable here, and why theirs? Who is suggesting any intent to replicate this at a grand scale?
- nanis 5y agoI prefer not to have to prove that I am deserving according to someone's value system, just that I am able to pay the price.
- mattcwilson 5y agoAnd that’s a perfectly valid preference. What does it have to do with the Fuggerai, or the mentioned new settlements planned in Sierra Leone or Lithuania?
- eesmith 5y agoYou implied the corruption was inevitable. Either the endowment fund is corrupt already, or your assertion about 'inevitable' is meaningless. History is filled with lots of examples of corruption. Including in free markets. You were referring to the existence of a years-long waiting list, as if it were a meaningful evidence they should raise rents in order to avoid the artificial scarcity you think is universally bad. Who do you think they should kick out, and why?