Comment 13945

By Ted Mitchell (registered) | Posted November 12, 2007 at 23:45:34

Democracy is not broken, but it has been hijacked by the business-as-religion model.

Running a city or country is a complex problem that requires complex, practical thinking. The business model offers only simple solutions. It also shields politicians from responsibility and corporations from negative consequences.

As a mathematical model free market economics is an exceptionally poor approximation of reality. This is the concept that guys like Genghis don't understand. In minds like his everything seems to make sense, the only problem is that he does not understand the problem.

The problems of government and solutions from business are largely incompatible so inevitably there will be crap generated and it falls on everyone, but hits hardest on the poor.

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