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Follow the money (and power): Who benefits from a dramatic cutback of the 'administrative state"? I'm not sure I know the answer. Industries that are regulated
by hackuser 10y ago
Follow the money (and power): Who benefits from a dramatic cutback of the 'administrative state"?
I'm not sure I know the answer. Industries that are regulated may think they benefit (but a regulatory and legal framework also provide stability that attracts investors and allows businesses to focus on productive work). Those interested in fraud benefit, but that's far too broad to be meaningful and I'm not sure it's a large number of people. Wealthy and powerful people benefit: Essentially the withdrawal of the power of voters (government) leaves a vacuum at the top; but again, that is very broad.
- chillacy 10y agoA lot of private companies stand to profit for things which were done by the government. In the US for instance we pay Intuit for tax prep software, private prisons to run detention centers, and insurance companies for healthcare.