Many things like childcare, elder care, or healthcare have significantly changed over the last 150 years and now people have much less slack[0] to go back to the old ways.
Anyway I care little about the size of a government as it is the result of many perverse incentives (vetocracy, companies pushing for both deregulations and regulatory capture, late stage capitalism trying to make almost everyone poor and/or unstable) but the latest generation of attacks on the size of the government feel a lot like a Embrace Extend Extinguish on social safety nets so that predatory industries like healtcare insurance can better extract wealth from the lower classes
Do you think inequality has risen or decreased as the size of the government increased? Regulatory capture can only exist with the existence of unchecked regulatory power. I personally work in a space that is insanely difficult to new entrants because of the thousands of regulations you need to comply to (90% are garbage btw). If tmrw, our industry had a regulation reform, the entrenched players would die overnight.
pesus|1 year ago
afiori|1 year ago
Anyway I care little about the size of a government as it is the result of many perverse incentives (vetocracy, companies pushing for both deregulations and regulatory capture, late stage capitalism trying to make almost everyone poor and/or unstable) but the latest generation of attacks on the size of the government feel a lot like a Embrace Extend Extinguish on social safety nets so that predatory industries like healtcare insurance can better extract wealth from the lower classes
[0] https://slatestarcodex.com/2020/05/12/studies-on-slack/
asdasdsddd|1 year ago
etchalon|1 year ago
asdasdsddd|1 year ago