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U.S. Politics Are Dysfunctional: Here's How Industry Competition Theory Can Help Repair the System
U.S. Politics Are Broken: Here's How Industry Competition Theory Can Help Fix the System
25 Oct 2024
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Unhealthy competition is at the root of political dysfunction. Applying a famous business framework can help identify the best ways to fix it. (This video was originally published in 2020.) Although people tend to think of the American political system as a public institution based on high-minded principles, it’s not. Politics behaves according to the same kinds of incentives and forces that shape competition in any private industry. Our elections and our legislative systems are drowning…
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