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Re:LA Times barred from Disney movies after report on corpor... by wutbrodo on Tuesday November 07, 2017 @12:07PM (#15645165)
Being an "idiot" is not the only or even the most probable reason for making a bad political decision (if this is one). You're committing the common fallacy of oversimplifying by assuming that the principal and the agent are identical, which is never true in government,by definition. Anaheim is not a person who makes its own decisions: there are politicians who make decisions on behalf of the city of Anaheim (and its constituents). Those politicians, as separate entities, have their own incentives. It's entirely rational (and unethical, but not "idiotic") for them to make choices that benefit themselves to the detriment of their constituents. For example, FTA:

> Support for various deals benefiting Disney has come from Anaheim City Council members who have received generous campaign contributions through a byzantine network of political action committees funded by the company

Now I'm not saying that this definitely _is_ bad policy, but your assumption that they must be "idiots" to make the wrong decision for the city isn't a well-founded one. It could easily just be garden variety corruption.

Re:LA Times barred from Disney movies after report on corpor... by MyneOutside on Tuesday November 07, 2017 @12:25PM (#15645395)
Well said.

On a related note on of my most memorable classes in college was Philosophy of Business Ethics. One of the many takeaways I had was that business do not make decisions. People (agents) in the business make the decisions. Disney did that, Disney decided this, what's best for Disney is, etc. But in reality people are making these decisions, not some nebulous company concept. Same concept as you are pointing out.