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> Having corporations limits the blast radius of what malicious/incompetent employees can do Only if the state cares to reign them in. If it doesn't, or joins

> Having corporations limits the blast radius of what malicious/incompetent employees can do Only if the state cares to reign them in. If it doesn't, or joins up in cahoots with them... For example, the Cuyaml Fruit Company's private army staging a coup d'etat against Honduras. Or the Iraq Petroleum Company assisting the Sultan of Muscat's invasion of Oman because of the bountiful hydrocarbons in the area. Or the Union Carbide India Limited pesticide plant in Bhopal accidentally poisoning 500,000 people.

robertlagrant 3y ago
> Only if the state cares to reign them in. If it doesn't, or joins up in cahoots with them... Yes I agree a corrupt/incompetent state is the cause of almost infinite ills. > Or the Union Carbide India Limited pesticide plant in Bhopal accidentally poisoning 500,000 people. No form of resource allocation can prevent accidents. This is about the deliberate apportioning of power, not (horrible) accidents.
- trust_bt_verify 3y ago
  > Yes I agree a corruption/incompetence is the cause of almost infinite ills. -FTFY Only recognizing when it happens in government is a cognitive bias. Assuming it’s happening in a democracy you have a vote in, you have some power to change that. When it happens in private business, you are powerless.
  - robertlagrant 3y ago
    > Only recognizing when it happens in government is a cognitive bias. I'm not doing this. I'm at risk of repeating myself, but it's worse in government. And government gets free money from your wallet specifically to prevent corruption, and even define it. That's much worse than a company I can stop paying being corrupt. I have no voting power to remove a corrupt public servant, unless someone runs specifically on that platform. Which no one would.
    - Viliam1234 3y ago
      > I'm at risk of repeating myself Yeah, maybe you should also spend some time reading and trying to understand the arguments others provide. Instead you post dozen copies of the same argument. EDIT: To make it easier for you, the part you ignore when you keep saying "government bad, companies good" is that when the companies don't do the bad things, it is typically when the government stops them. Otherwise, companies are happy to do... anything that a government would do (except for holding elections).
      - robertlagrant 3y ago
        You've provided no evidence that I didn't understand. I'd be happy to engage if you would be.

robertlagrant 3y ago

> Only if the state cares to reign them in. If it doesn't, or joins up in cahoots with them... Yes I agree a corrupt/incompetent state is the cause of almost infinite ills. > Or the Union Carbide India Limited pesticide plant in Bhopal accidentally poisoning 500,000 people. No form of resource allocation can prevent accidents. This is about the deliberate apportioning of power, not (horrible) accidents.

trust_bt_verify 3y ago
> Yes I agree a corruption/incompetence is the cause of almost infinite ills. -FTFY Only recognizing when it happens in government is a cognitive bias. Assuming it’s happening in a democracy you have a vote in, you have some power to change that. When it happens in private business, you are powerless.
- robertlagrant 3y ago
  > Only recognizing when it happens in government is a cognitive bias. I'm not doing this. I'm at risk of repeating myself, but it's worse in government. And government gets free money from your wallet specifically to prevent corruption, and even define it. That's much worse than a company I can stop paying being corrupt. I have no voting power to remove a corrupt public servant, unless someone runs specifically on that platform. Which no one would.
  - Viliam1234 3y ago
    > I'm at risk of repeating myself Yeah, maybe you should also spend some time reading and trying to understand the arguments others provide. Instead you post dozen copies of the same argument. EDIT: To make it easier for you, the part you ignore when you keep saying "government bad, companies good" is that when the companies don't do the bad things, it is typically when the government stops them. Otherwise, companies are happy to do... anything that a government would do (except for holding elections).
    - robertlagrant 3y ago
      You've provided no evidence that I didn't understand. I'd be happy to engage if you would be.