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Have you ever worked in a large corporation? Many of us who have, are convinced that without massive state interference on their behalf they couldn't survive at all. A corporation might be set up so that one sort of regularly-needed thing might happen quickly and efficiently, but every other sort of thing requires massive coordination among non-cooperative parties. Shit takes forever. Large firms are quite concerned with getting just the regulations they want, not no regulations at all. Fortunately for them we have a society in which they are well-placed to designate exactly those regulations they desire.

There is a term, "economy of scale", that makes a certain sense when applied to some factory-based manufacture of commodities. Rather than be restricted to that particular field in which it is valid, this term is a shibboleth used by Economist writers and their dupes to hamper any critical examination of anything a corporation might do.




I have, in fact, worked in a large corporation and I agree that regulations are a big reason why they survive. I just don't think that no regulation at all is the better alternative. I wish I knew how to prevent big corporations writing their own regulations, but for many topics most people who know anything about it are on their payroll.




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