I think by good regulation you can get better long-term growth.
But that's just speculation. I don't know what the solution is.
Human nature corrupts every system, even systems that start out great.
So what you need ultimately is a system which can easily be shrugged off when it becomes corrupt.
With votes or dollars instead of bullets and blood.
Education maybe? It takes educated/ aware people to overcome tribalism and see that bettering societiy as a whole also betters them.
I think by good regulation you can get better long-term growth.
But that's just speculation. I don't know what the solution is.
Human nature corrupts every system, even systems that start out great.
So what you need ultimately is a system which can easily be shrugged off when it becomes corrupt.
With votes or dollars instead of bullets and blood.
Education maybe? It takes educated/ aware people to overcome tribalism and see that bettering societiy as a whole also betters them.