--- Robin Hanson <[EMAIL PROTECTED]> wrote: > Imagine that a nation like the US were run like a corporation. To live > (and vote) here, you'd have to own a share. You could sell your share and > leave, and foreigners could come if they bought a share. The corporate > management would be given financial incentives to maximize the market value
If you own "a" share, that implies that this is a cooperative, where each person owns one share and has one vote. > What would go wrong or right with running the US this way? The problem is central planning. The US corporation would be a giant enterprise subject to the inefficiencies of any large organization. Also, minority interests would be overpowered as they are now. > Would government spending increase or decrease? If the members vote as citizens do now, it seems to me that the government would be under similar special-interest influence, and there would be little change in government spending. Fred Foldvary ===== [EMAIL PROTECTED]