this post was submitted on 22 Aug 2024
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This is the effect of crumbling institutions not the cause of it, although it reinforces the feedback loop. Keep shrinking the state by putting more of its functions into entities only responsible to their major shareholders and watch it get worse. It's been the program since the modern resurgence of market fundamentalism (neoliberalism).
I agree with you, and another way of looking at it is that the system is working perfectly as intended. The people who are happy with it are the ones who have the power to change it, but they don't want to, because there's no benefit to them.
Absolutely. This what neoliberalism does. It shifts who the system works for and who has power to control it from the many to the few.