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by underlipton
779 days ago
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Regulatory capture is likely the most important component. People complain about government spending, but those close to progressive issues can tell you that it's just as likely, if not more likely, to be remarkably stingy when it wants to be. The issue isn't government, it's who's using government; access to capital on top of that government influence gets you a lot closer to that bottomless wallet. |
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One issue is a big disconnect between user and payer. Government is especially prone to that, but any big organisation can have this problem.