kaal:claim:3782217-018

Institutional corruption follows a repeating cycle: people surrender their power of information transmission to institutions that are initially more effective and efficient, those institutions centralize and ossify into corruption, and new technology then allows people to bypass them.

Source quote, verbatim
give up their power of information transmission to centralized institutions which are more effective and efficient. These institutions become corrupt after their hierarchies centralize and ossify, then new technology allows people to by- pass these centrally controlled media institutions.
From

Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021), News and education, p. 6
https://ssrn.com/abstract=3782217 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021). SSRN: https://ssrn.com/abstract=3782217

Holds when
Classification

mechanismsupport: argueddecentralizationsystemic-riskinnovation

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