My Bias: All institutions, forms of government work on paper, but none work in practice because then people, with their greed, avarice, sloth & general lack of any concept of meaningful ethics & penchant for letting others do their thinking & make their choices, have to be involved. So it is never the idea that is wrong or faulty, it's the people that are screwed up. recent major institutions that have failed: The Union of Soviet and Socialist Republics (1989-1991), Capitalism in the United States. yes that's Right, Capitalism failed in The United States but we won't admit it. The only reason we haven't been repossessed is because we have a big army & we employed the same artful financial dodging practices to stave off total collapse that took us to the brink in the first place.
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