Zane Selvans on Nostr: "Regulatory capture isn't automatic: it's what you get when companies are bigger than ...
"Regulatory capture isn't automatic: it's what you get when companies are bigger than governments.
"If you want small governments, in other words, you need small companies. Even if you think the only role for the state is in enforcing contracts, the state needs to be more powerful than the companies issuing those contracts. The bigger the companies are, the bigger the government has to be."
from npub1hykucplphuhelaxutcw4jw3vuu7gcg42czhqmk7jhchs8vdga4fsj73p33 (npub1hyk…3p33)
https://pluralistic.net/2023/08/05/any-metric-becomes-a-target/
"If you want small governments, in other words, you need small companies. Even if you think the only role for the state is in enforcing contracts, the state needs to be more powerful than the companies issuing those contracts. The bigger the companies are, the bigger the government has to be."
from npub1hykucplphuhelaxutcw4jw3vuu7gcg42czhqmk7jhchs8vdga4fsj73p33 (npub1hyk…3p33)
https://pluralistic.net/2023/08/05/any-metric-becomes-a-target/