5 ms·

How do you propose we address the problems we face?

• throwaway5752 8y ago
  Per my earlier comment (https://news.ycombinator.com/item?id=18657024 https://news.ycombinator.com/item?id=18657024) regulating and enforcing regulations. This already exists, and when not deregulated or captured, works well. There is no magic system that removes the human element to this, and the cost here is a vigilant population that holds elected officials responsible and doesn't allow deregulation or regulatory capture. There is no possible solution to this that works absent a population that doesn't consider it important. This is exemplified in jurisdictions where police turn a blind eye because so-and-so is the son of so-and-so and it's tolerated. Criminal liability (vs limited liability and corporate regulation) for executives is just as weak and has large unintended consequences.