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by johnea 48 days ago
Or, maybe, at some point, the state has to say No, to real estate mafia insider trading?

Oh, never mind, that's obviously not going to happen...

1 comments

And that’s the real issue. It’s a continuous rent seeking behavior and resource extraction from masses to a limited number of individuals.

The Why Nations Fail book pointed out this exact issue that institutions that doesn’t serve the people’s interests is the main culprit.