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by T2_t2
2745 days ago
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Government is excellent - BEYOND excellent - at policing others. In most every 1st world country, when the government goes after an industry, things change. See the recent Australian Royal Commission for an example: https://en.wikipedia.org/wiki/Royal_Commission_into_Miscondu... The problem is when Government is a player as well. Government struggles to play both referee and player - as anyone would. Just imagine Michael Jordan refereeing his own games. Every drive would be a foul. The problem with government is there is no creative destruction. When a company turns bad, it dies. When government turns bad, we elect a new one and all the same shitty institutions remain. And the good ones to be fair, but certainly all the shitty ones. Government should stick to what it does well, hold other entities accountable, and not get too involved in things that can fail that they can't then kill off. |
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