New Harvard Business School Study: U.S. Federal Government Is Increasingly Good at Being Bad

September 15, 2017 | By | Reply More

Here’s how a new Harvard Business School study sums up our Federal Government:

America’s political system was long the envy of the world. It advanced the public interest and gave rise to a grand history of policy innovations that fostered both economic and social progress. Today, however, our political system has become the major barrier to solving nearly every important challenge our nation needs to address. . . In areas such as public education, health and wellness, personal safety, water and sanitation, environmental quality, and tolerance and inclusion, among others, U.S. progress has stalled or gone in reverse. In these areas, where America was often a pioneer and leader, the U.S. has fallen well down the list compared to other advanced countries.

Photo by Erich Vieth

The study concluded that the political system is not actually failing. It is working, but its function is different than the one taught in high school textbooks:

Most people think of politics as its own unique public institution governed by impartial laws dating back to the founders. Not so. Politics is, in fact, an industry—most of whose key players are private, gain-seeking organizations. The industry competes, just like other industries, to grow and accumulate resources and influence for itself. The key players work to advance their self-interests, not necessarily the public interest. It’s important to recognize that much of what constitutes today’s political system has no basis in the Constitution. As our system evolved, the parties—and a larger political industrial complex that surrounds them—established and optimized a set of rules and practices that enhanced their power and diminished our democracy.

The title to the study is: “WHY COMPETITION IN THE POLITICS INDUSTRY IS FAILING AMERICA.   Here is the full study.

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Category: Corporatocracy, Corruption, Political Science, Politics, populism, Spending priorities

About the Author ()

Erich Vieth is an attorney focusing on consumer law litigation and appellate practice. He is also a working musician and a writer, having founded Dangerous Intersection in 2006. Erich lives in the Shaw Neighborhood of St. Louis, Missouri, where he lives half-time with his two extraordinary daughters.

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