> An institutional system can be built with cross-checks, inspections, corruption fighting mechanisms, etc. By this I mean actual, independent, not powerless, not perfunctory, corruption-fighting, enforceable, etc.
It can be but not within capitalism. Even if it’s the Best Government Program Ever, eventually it will become public/private, and eventually private. And it will get worse and worse the entire time. Once it’s fully private then it will be incentivized to put people there (if it wasn’t already), and those interred will be used for labor in the worst and likely most potential ways. It’s reinventing prisons.
Which institutional system out there, worldwide, is a model of cross-checks, effective powerful independent oversight, corruption fighting, etc - enforcing not just lack of corruption (not just financial) but also efficiency in accomplishing its mission? Anyone? Anyone?
Some institutions used to have great reputation but I don't know that they were all that efficient. (UK Police, French electricity company). But for both of these I don't feel that it was because of good independent oversight anyway.
It can be but not within capitalism. Even if it’s the Best Government Program Ever, eventually it will become public/private, and eventually private. And it will get worse and worse the entire time. Once it’s fully private then it will be incentivized to put people there (if it wasn’t already), and those interred will be used for labor in the worst and likely most potential ways. It’s reinventing prisons.