> In fact, we need agile and efficient bureaucracies. The best way we know of doing this is to put them in competition with one another and make sure there are

> In fact, we need agile and efficient bureaucracies. The best way we know of doing this is to put them in competition with one another and make sure there are at least a dozen. Keep barriers to entry low enough that if the incumbents suck, someone new can eat their lunch. The bureaucracies, of course, want the opposite. A monopoly that allows them to dictate terms and extract rents, or failing that at least a concentrated cartel that can coordinate behind closed doors or through conscious parallelism. Inhibiting that is the way to achieve the desired result. The bureaucracies can't do it internally because a bureaucracy without external competitive pressure has no internal incentive to improve efficiency to counter the intrinsic incentive for bureaucrats to capture and redirect surplus to protect and accumulate power.