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by TuringTest
1536 days ago
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> I think we are infinitely resourceful and capable of re-imagining and re-engineering our environment - in a good way! > But the problem we face is vested interests and the institutions they have captured. The second sentence contradicts the first one. |
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But if you have a vested interest, they will want government legislation to prevent alternative solutions. Now people who have an idea face legal repercussions fines, jail, etc if they try to offer a solution.
This is the case in many industries, from taxis, to rubbish collection, to banking, to medicine. There are artificial barriers to entry that support rent-seeking by those industries already in place.