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Oligarchies are even worse. The point is that people who win elections, and political leaders in general, are a much more concerning threat than wealthy, powerful & unlikable business leaders.

I'd be quite happy if governments had less power. People aren't threatened by rouge business magnates in the same way as they are by rogue public policy.

A few years of bad public policy does much more damage than any businessman can in a decade. Voters & governments are seriously not good at technical questions like resource allocation. Businessmen will stop doing something if it isn't working, voters usually push on regardless long after it obviously makes no sense to do so.




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