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by astine 5070 days ago
No, no. It's one thing if crooked business men steal from and lie to one another, it's another entirely if Congress, which is supposed to prevent that (on at least some level) has an active interest in those lying and cheating business deals.

The problem isn't that the government is currently actively corrupt (it isn't for the most part,) it's that the more it get's involved in the economy as member rather than a governing body, the more motive individual government members and workers have to be corrupt. We have an active free press and law enforcement agency which catches corruption but that's not a good reason to create conflicts of interest where there shouldn't be.

1 comments

Hm, well I see your point. Direct investment in companies is risky for everybody, governments and individuals.

But what else is there? How is government supposed to create the right conditions for a market solution? The solution was supposed to be carbon credits by making using polluting materials gradually more costly over time and thereby creating the conditions for clean(er) energy to be viable in the market. But that was rejected outright as a "tax."

Government as a member in the market is bad, we can agree there. But outside of direct investment, it gets politically difficult to change anything.