Why America can’t build quickly anymore - by Alan Cole
Why America can’t build quickly anymore
Stripe CEO Patrick Collison argues that while numerous examples of ambitious accomplishments can be found from before 1970 when it comes to the physical world, most are beleaguered projects from today’s world. The article argues that legal and political structures designed to handle small external problems approach everything as a debatable grievance. This approach makes everything time-consuming and up for debate, incentivizing people to overstate or even fake grievances rather than being doable as-of-right. As a result, we may not have the capacity to complete real physical responses like constructing new power plants or redesigning city infrastructure on time in the face of external economic, and environmental shocks, pointing to a breakdown of the country's capacity to build quickly.
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