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Archived from the original on August 14, The McKinsey Quarterly. Archived from the original on November 28, For its part, Dresser neglected to mention that it faces billions of dollars in current and future liabilities from asbestos poisoning claims. The free market is innocent. Davis, Gerald F.

May 20, However, the members of an industry have a very strong interest in the actions of that regulatory body while the rest of the citizenry are only lightly affected. Even in high-income democracies with well-established legal systems and freedom of the press in place, a larger state is generally associated with increased political corruption. These people form hubs in the network.