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We can't improve all of these institutions because they are either directly run or mostly financed by governments, and governments are driven by politics.
by pdonis 3y ago
We can't improve all of these institutions because they are either directly run or mostly financed by governments, and governments are driven by politics.
- CPLX 3y agoSeems to me that everything completely went to shit when we turned over activities that governments have traditionally done to private sector grifters.
- pdonis 3y agoThat's not what we did. Governments certainly hire private sector grifters as contractors; but those contractors still rely on the coercive power of the government to force people to comply with whatever rules they are operating under. So the grifters are still government actors in the sense that matters: people can't choose to just ignore them or not deal with them, as would be the case with a true private sector company.
- woooooo 3y agoBillion dollar endowments are not run or financed by the government.
- CPLX 3y agoAbout 30% of them are
- woooooo 3y agoFine. 30% is a big walkback from the original framing. Clearly the topics in this thread are more of a "university" thing than "private vs public" thing.
- CPLX 3y agoI meant 30% of the money, since we inexplicably let people write it off on their taxes when they bribe elitist colleges to let their various family members in.