@_Hurlock_ @soapjackal @Nick_B_Steves There's a lot of difference between rationalized and chaotic corruption.
@soapjackal @_Hurlock_ @Nick_B_Steves Rationalized corruption works as a tax levied by semi-formal elements of the state. ...
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@soapjackal @_Hurlock_@Nick_B_Steves ... If it's roughly Laffer-optimized it can be compatible with high levels of economic performance. .. -
@soapjackal @_Hurlock_@Nick_B_Steves Chaotic corruption radically disincentivizes all investment projects and produces total stagnation.
End of conversation
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