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Right, but Comcast doesn't imprison people for life and bomb other countries or throw you in jail for not paying for its services. Also, bureaucrats are respon
by wonder_er 10y ago
Right, but Comcast doesn't imprison people for life and bomb other countries or throw you in jail for not paying for its services.
Also, bureaucrats are responsible to the organizations most influential to them. "The American People" can barely be motivated to vote in a presidential election, because they rightfully perceive that their votes don't matter, and a vote between two shitty options is a shitty vote.
So, businesses (like Comcast) can just earmark a few million dollars a year to keep buying whatever organization has the power to regulate them, and we (the people) can do nothing about it.
The reason I strongly dislike Net Neutrality is _because_ comcast is horrible and hated. It's reasonable to assume that as we speak, the comcast executive team is figuring out how to best wine and dine top FCC officials.
Because that's way cheaper than being a better company.
- Swenrekcah 10y ago>So, businesses (like Comcast) can just earmark a few million dollars a year to keep buying whatever organization has the power to regulate them, and we (the people) can do nothing about it. You are right that this is a big problem, however it is more an implementation flaw than a flaw of regulations. A more strict enforcement of information and financial transparency could address the bribery concerns. There is another problem that is perpetual in the interaction of government and corporations, which is that the corporation lawyer has many times, 10x or 100x, the financial incentive to make the bureaucrat ineffective, than the bureaucrat himself has to be effective. I would suggest a (difficult) solution that any governmental office or agency should have their success evaluated in terms of economic impact by something like a team of independent economists every year or two. The agency's funding as well as staff compensation would then be derived from that, as a fixed percentage of the societal benefit. I have no idea of the exact numbers, but the point is to create the same motivational incentives as the corporations have. One side is working for themselves and reap the significant benefits of their hard work. The other side is working for all of society and really should also reap the benefits of their hard work.