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Pay-to-play happens in every single society. The bigger the government, the more benefit there is in engaging in this behaviour.
by FredPret 5y ago
Pay-to-play happens in every single society. The bigger the government, the more benefit there is in engaging in this behaviour.
- pydry 5y agoCorruption of some form usually exists in every society but this form is something a bit special. r > g means that the power accumulates at a geometric rate without countervailing forces. What this means is that capitalism requires an exceptionally tight leash to not spin out of control. The mere presence of voting isnt enough.
- robertlagrant 5y agoIt's hard to know what you're saying here. What is "spin out of control" and why do you think it isn't addressed by competition and regulation?
- pydry 5y agoI'm saying that when it comes to regulation the sausage is mostly shaped by the same monopolists you naively assume it would protect us from. And capital has a tendency to kill off competition you assume will just appear and magically take over.
- emteycz 5y agoIt's not assumed, that's the objective of state: To create a sustainable and consumer-oriented market through regulation and incentives.
- pydry 5y agoThis is again, a feelings-based assumption. States do not behave according to this goal.
- emteycz 5y agoIt's not a feelings based assumption, it's the role of liberal democratic states determined by the basic principles of democracy. That the states do not fulfill their role is their own fault.
- robertlagrant 5y ago> This is again, a feelings-based assumption What feelings are you talking about?