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"VCs have a responsibility to get returns for their investors, not fix the government's fiscal problems." I realize this isn't what you were getting at, but it
by jhancock 17y ago
"VCs have a responsibility to get returns for their investors, not fix the government's fiscal problems."
I realize this isn't what you were getting at, but its a good place to make the remark.
Its every American's responsibility to pay a certain amount of time and effort into ensuring government is run well. If your dance card is too full with making money and no time left over to watch over your government, it catches up with you. I'm not singling out VCs here. It is a general problem for an economy to be structured so most do not have time or inclination to pay attention to governance maintenance. There is a second problem which generally only applies to wealthy and/or well organized groups which is the inclination to "corrupt" governance in their favor. Both these problems have reached critical effect.