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kimlelly | 12 years ago

It's the Principal-Agent problem:

The citizen is the Principal who mandates the Agent (the government) to do something for him.

Now, if the Agent fucks up (and I'm sure we all agree that this has been the case worldwide for a very long time now), it becomes the responsibility of the Principal to replace the Agent with the right one. And this applies not just to single politicians but to entire political structures.

discuss

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