So gambling by insurance companies is ok, just not people. Unless it is an insurance co-op (which I think would be great), there is always entity on the other s

So gambling by insurance companies is ok, just not people. Unless it is an insurance co-op (which I think would be great), there is always entity on the other side with the concentrated risk. It seems so many laws are about protecting people from themselves, but then we need exceptions from them for society to work at all. Like you can't legally invest in a non-listed company if you are not an accredited investor. Maybe we should make this distinction more formal and universal. Society could have an official and transparent way a person could enter the class of people who are expected to be responsible for their actions.