Big brother becomes little brother
kenklippenstein.com
kenklippenstein.com
This term already exist. It's corporatocracy. Not to be confused with an oligarchy which can overlap with a corporatocracy.
> Several years ago an FBI recruiter lamented to me how difficult hiring cyber talent had become, given how much better tech companies pay than the Bureau. “All we can offer is patriotism,” I recall her sighing.
People find the 3 letter agencies to be corrupt and gross. Good Will Hunting has a scene dedicated to this. The fact FAANG pays incredibly well is just a bonus.
I do not subscribe to the view that agencies are just running around doing their own thing without much regard to who's in the White House.
20% of the people do 80% of the work. The problem is incentives. Which political appointee has the incentive to fight the federal workers union and be great manager, rewarding the 20% and punishing the rest? Until the next election?
It's tragic, but this inability to deal with federal employees is a reason why perhaps getting rid of whole departments is the only practical way to make real reforms.
/Bender
Also, I find it hard to take seriously anyone who compares company market capitalizations to country GDPs -- that makes no sense.
It's really hard to take this seriously when he makes the fundamental error of comparing corporate market cap to national GDP.