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> We have the capability, and yet decades of neoliberalism have made governments and the public terrified of any medium to long-term investment. So we've chosen
by diegoholiveira 4y ago
> We have the capability, and yet decades of neoliberalism have made governments and the public terrified of any medium to long-term investment. So we've chosen a new Dark Age instead.
IMO, democracy is the enemy of long-term investment. Why start something that will not directly benefit me or my party in the next election? The incentives to long-term investments are almost zero under the logic of elections.
- jokethrowaway 4y agoThat's true, western government have an incentive to keep their power and don't do anything.. I wouldn't swap my incompetent western government for China, but the Chinese dictatorship definitely has long term vision. I think eliminating the government and letting companies come up with initiatives (and be rewarded in cash) is the only valid alternative to a dictatorship.