After 500 years, is the Fuggerei endowment fund corrupt?
I do not know about their internal workings. As I said, in this special case, verified adherence to the rules of a specific religion may help. However, history is filled with examples of catholic clergy dispensing with favorable judgements in exchange for things of value. How do you know if a more "deserving" person was not passed over for someone else who may be had a good connection or promised personal favors etc.
Regardless, I was referring to the situation when someone tries to replicate something which seems to work in a 160 person case at a grand scale.
You implied the corruption was inevitable. Either the endowment fund is corrupt already, or your assertion about 'inevitable' is meaningless.
History is filled with lots of examples of corruption. Including in free markets.
You were referring to the existence of a years-long waiting list, as if it were a meaningful evidence they should raise rents in order to avoid the artificial scarcity you think is universally bad.
After 500 years, is the Fuggerei endowment fund corrupt?
I do not know about their internal workings. As I said, in this special case, verified adherence to the rules of a specific religion may help. However, history is filled with examples of catholic clergy dispensing with favorable judgements in exchange for things of value. How do you know if a more "deserving" person was not passed over for someone else who may be had a good connection or promised personal favors etc.
Regardless, I was referring to the situation when someone tries to replicate something which seems to work in a 160 person case at a grand scale.