Social codes, gentlemens’ agreements, industrial guilds, criminal organizations, traditions, friendships, schools, corporations, and religions are all coordinating institutions that keep us out of traps by changing our incentives.
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But these institutions not only incentivize others, but are incentivized themselves. These are large organizations made of lots of people who are competing for jobs, status, prestige, et cetera – there’s no reason they should be immune to the same multipolar traps as everyone else, and indeed they aren’t. Governments can in theory keep corporations, citizens, et cetera out of certain traps, but as we saw above there are many traps that governments themselves can fall into.