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Another argument for breaking up Wall Street and other hives of corruption like Washington DC. There is no reason that those two locations in particular should
by wahsd 12y ago
Another argument for breaking up Wall Street and other hives of corruption like Washington DC. There is no reason that those two locations in particular should need to by physically concentrated around a physical location like that.
Some will cry and whine about proximity to the transaction switches, but even that's a policy issue. There is no particular reason that transactions need to be completed in milliseconds rather than actual seconds or even minutes. There are no legitimate efficiencies to be had, only corruption of process and skimming.
The concept of physical co-location of core functions of society and economy are ripe for corruption and doe not provide any advantages that are not utterly overshadowed by the advantages of distribution. It is essentially the transparency and sunlight that disinfects society by spreading out the corruption making it more easily found and identifiable. Distributed government and financial sectors are essentially the transparency that inoculates against corruption.
- deleted 12y ago[deleted]
- a8da6b0c91d 12y agoDistributed government services just makes the pork and corruption harder to control. All the way back in the early years of the Republic Jefferson had to fight against spreading federal functions and contractors all over the country. He knew the only hope for controlling waste and pork was to keep it concentrated in DC.