Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

When you have a $3 trillion entity in an economy, people have the incentive to petition it for favors. Even when the government's budget was a lot smaller, businessmen could still finagle for tax breaks and the like.

Rent seeking is in the DNA of democracy.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: