Politics is a bit of a different beast than business. Things that occur to me off-hand are:
- Political entities get large not to achieve economies of scale (i.e. increased efficiency and effectiveness, which may or may not materialize in business... thereby sowing the seeds of future fragmentation when they don't), but rather to achieve scale itself: more votes.
- There's been no de-regulation akin to what occurred in business in the 70s and 80s, mostly because the big parties literally write the rules.
- Political entities get large not to achieve economies of scale (i.e. increased efficiency and effectiveness, which may or may not materialize in business... thereby sowing the seeds of future fragmentation when they don't), but rather to achieve scale itself: more votes.
- There's been no de-regulation akin to what occurred in business in the 70s and 80s, mostly because the big parties literally write the rules.
- Elections are pretty much a zero-sum game.