Vicious Circle

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Vicious Circle Anonymous 02/08/19 (Fri) 03:56:37 No.97613

1 - X has a problem

2 - Regulation is pushed to address X.

3 - Regulatory compliance increases overhead costs, or regulatory agency gets captured by current industry (because where else are you going to find people who understand the industry enough to be able to regulate it?).

4 - Firms centralize even more. Costs increase even more. Either the price increases, quality decreases, or shortages increase.

5 - Issue X is now even worse.

6 - Goto 1.

7 - Eventually become Venezuela.

How do you stop this vicious cycle?

Anonymous 02/08/19 (Fri) 06:07:32 No.97616

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Anonymous 02/08/19 (Fri) 08:14:18 No.97621

Determine whether #1 is caused by another regulation.

In a natural order everything balances itself out.

Anonymous 02/08/19 (Fri) 19:20:10 No.97641

>>97613

Really, if you want that series to be logical you need 6 to be "goto 0" and 0 to be "If centralization and cost is greater than or equal to [Arbitrary Venezuela Value] then you are Venezuela." With your current rules, you'll never be Venezuela and if you put the comparison at the end you'll only know if you're Venezuela once an entire cycle has completed but in reality you may start out being Venezuela.

t. Program Pro