Sunday, November 20, 2011

Markets and governance

I am concerned by potentially revolutionary movements on both the right and the left side of the political spectrum in the United States. I am concerned that our system is broken and can longer able to generate rational solutions. Healthcare reform cannot be successful if transformation is impossible because of constrained resources and political failures. Those people who can cope with complexity are disadvantaged by our political system and are unlikely to win political office. I fear the resulting polarization and the social consequences.

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