2 ms·
I heard this once from a finance guy: If you want to convert someone into a cut-all-government right winger or libertarian, send them to work in government for
by api 2y ago
I heard this once from a finance guy:
If you want to convert someone into a cut-all-government right winger or libertarian, send them to work in government for a few years.
If you want to convert someone into a communist, send them to Wall Street for a few years.
Any sane person exposed to any human institution will typically walk away thinking "burn it all to the f'ing ground."
All human institutions tend to be loaded with self dealing, perverse incentives, and incompetence. We are not good at this.
The only thing that checks it is companies going out of business or the government analog, which is struggle between agencies for funding and accolades. But as others have said large companies can muddle on for a long time and large anything can amass a lot of political and cultural cache and become too big to fail.