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by zozbot234
2195 days ago
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> Government operations always operate by fairly rigid bureaucratic rules, which can always be gamed like this. It's not _just_ government operations, it's large bureaucracies in general. The main 'corrective' factor inherent in free markets is that organizations that waste too much money will eventually go bankrupt, hence they can't waste any more. Or if their inefficiencies are known, they can be reformed via mechanisms such as the takeover bid. |
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