3 ms·
Isn't the government also a monopoly? Can you really get rid of it and its corruption by just voting? What about state monopolies when they become inefficient a
by rahen 3y ago
Isn't the government also a monopoly? Can you really get rid of it and its corruption by just voting? What about state monopolies when they become inefficient and debt ridden, and can just _forbid_ competition?
No private monopoly is forever, whether it's the Hudson's Bay Company, the East India Company, GM, Kodak, IBM, you name it. All those empires fell because eventually there will be more innovative offers from lighters, more agile competitors.
Government monopolies are much harder to get rid of.
- dijit 3y agoGovernments are designed primarily to serve it's citizens and not the needs of shareholders or profit. They are designed additionally to prevent externalising of costs to some third party. IE; forced servitude or significant harm to the population while chasing profit. Your same statements could be reflected inward of course: British empire, the several thousand peaceful transfers of power that come and go without fanfare and of course very violent revolutions that pass with very significant fanfare and attention. A seated government, especially a democratically elected one should be capable of serving the needs of people, however governments are made of people and the smaller the government is the easier it is to buy it off. - The smaller the government, the easier the corruption. (which is why "small government" capitalists always end up embroiled in corruption scandals eventually). A good example of this is denoted "the keys to power" in the easy to understand video essay by CGP Grey: https://www.youtube.com/watch?v=rStL7niR7gs https://www.youtube.com/watch?v=rStL7niR7gs