Comments on: There is also the phenomenon of government failure https://www.isegoria.net/2017/11/there-is-also-the-phenomenon-of-government-failure/ From the ancient Greek for equality in freedom of speech; an eclectic mix of thoughts, large and small Fri, 01 May 2026 21:33:15 +0000 hourly 1 http://wordpress.org/?v=3.6.1 By: Sam J. https://www.isegoria.net/2017/11/there-is-also-the-phenomenon-of-government-failure/comment-page-1/#comment-2597689 Sam J. Mon, 04 Dec 2017 02:57:39 +0000 http://www.isegoria.net/?p=42763#comment-2597689 “…Profits determine the success or failure of different organizations. Organizations that earn profits can continue to operate…”

Actually this isn’t true at all and just a a form of modern gri-gri. If you have the right friends at the FED you can lose tens and even hundreds of billions of dollars and still make a profit. You can lose money like Amazon for over a decade and drive your competitors out of business while not making a dime and paying none of the taxes that a typical business has to pay.

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