The paradox of good government: the best stuff works well and is thus unnoticeable (and therefore easy to sell off)

Susan Crawford (previously) identifies one of the great and deadly paradoxes of late-stage capitalism, where predatory oligarchs prowl for state assets that can be sold off to them on the cheap, and target vulnerable regulators that can be dismantled so that industry can run amok: the best-functioning, most vital, best-run state systems are invisible, because they do their jobs so well we never hear about them. (more…)

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