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This is known as "concentrated benefits, dispersed costs", and it explains much of modern politics. A focused, motivated special-interest can reaps millions fr
by OstiaAntica 15y ago
This is known as "concentrated benefits, dispersed costs", and it explains much of modern politics. A focused, motivated special-interest can reaps millions from some policy change (usually a tax loophole), but the costs spread across the general public are quite small, so there's no similar force in opposition.