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> the same reason democracies are at a disadvantage relative to authoritarian regimes. Are they? There aren't very many examples of successful authoritarian re

• AnthonyMouse 1y ago
  They're not. Representative democracies elect representatives who can do anything a dictator can do, modulo constitutional constraints which exist because allowing the government to do those things is a disadvantage. And most problems aren't coordination problems to begin with. How do you get someone to grow food and someone else to build housing? Pay them for it, so the person growing food has money to buy housing and vice versa. It operates perfectly well as a decentralized system. The primary fault in governments is the principal-agent problem. The government is supposed to be acting in the interest of the people but ends up acting in the interest of government officials or special interests. Democracies are not immune from this at all but dictatorships are certainly no better.