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I doubt corruption is the cause. Most American cities were very corrupt during the late 1800's, yet had amazing economic growth. Detroit, Cleveland, Syracuse,
by bokonist 18y ago
I doubt corruption is the cause. Most American cities were very corrupt during the late 1800's, yet had amazing economic growth. Detroit, Cleveland, Syracuse, etc were all startup hubs back then.
All governments funnel money to their employees and supporters. For us subjects, what matters is that the rulers are competent and think for the long term. If they are smart and optimize for the long term, they realize that the best way to enrich themselves is to grow the pie, not to gobble it all up. The guys who ran Tammany Hall understood this, more recent corrupt rulers like Detroit's Coleman Young did not.
- ivankirigin 18y agoDon't you think the industrial revolution is a unique period? And who is to say corruption didn't have a big impact, just lessened by the booming period?
- bokonist 18y agoI don't get what you are trying to say. Yes, it was a booming period, that is the point. The question is why it was a booming period. I don't think rule by corrupt political machines is ideal, I'd prefer if it if cities were run as joint stock corporations. But despite its many shortcomings, Tammany Hall and its ilk were much better at ruling than most of our modern city governments. Compare how the recovery of Chicago after the great fire to that of New Orleans after the flood. Or compare it to the (non-existent) rebuilding of the World Trade Towers. They were building infrastructure at amazing rate, we are letting it decay. If I could trade the current Boston government for Tammany Hall, I'd do so in a second.