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cjbgkaghtoday at 3:04 PM0 repliesview on HN

In a way the bureaucracy takes on a life of its own. I think it’s only external pressures that’ll keep the bureaucracy in check, as in if the organization is at risk of dying the interests are aligned so that a more symbiotic relationship is necessary. When organizations are not at risk, either through massive initial success or state intervention (ZIRP) then feedback loop is cut and the bureaucracy will run rampant.