Re:Superintelligence: The Idea That Eats Smart People
by mahyarm on Friday December 23, 2016 @05:11AM
(#13244011)
My rant did not stay at California alone. What makes California mismanaged is a combination of the state itself and the federal government.
And the problem you state is not unique to any government in the world. Germany is better run than Italy and there are many reasons behind it.
Re:Superintelligence: The Idea That Eats Smart People
by fennecfoxen on Friday December 23, 2016 @04:39AM
(#13243899)
> The problem is one of regulatory capture - corporate vested interests control the governance process
The problems with many things, but especially the price of SF Muni's new Central Subway and the like, are more about union interests controlling the governance process than corporate. Remember that they do prevailing-wage construction (which somehow means they pay the highest wage out there, not the average/median) to their construction workers.
The millions/billions spent on environmental-review studies and lawsuits are another matter as well.
The problem is one of regulatory capture - corporate vested interests control the governance process and that means peons are getting less and less each day for their tax revenues.