Indeed, the most powerful agents do not have any correction signals to fear from above. They can rather impose rules on the system themselves. One can only avoi

Indeed, the most powerful agents do not have any correction signals to fear from above. They can rather impose rules on the system themselves. One can only avoid such dynamics by empathy (which is a very weak guarantee) or by making the government being controlled by the people and stronger than the most powerful players (which is democracy).