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It's interesting how this lesson is never learned. We constantly see how oversight is reduced or removed because companies decide that the costs are too high an
by WheelsAtLarge 7y ago
It's interesting how this lesson is never learned. We constantly see how oversight is reduced or removed because companies decide that the costs are too high and the rules too stringent. But as soon as the rules are relaxed the companies immediately begin to cut corners and things begin to fail.
It's human nature to find ways to get from point A to point B using the least amount of energy even if we need to break the rules. We should all keep that in mind.
- georgebarnett 7y agoThis lesson will continue until we realise that the ultimate goal is the improvement of our society and that to get there we create markets which serve society. At the moment we appear to be confused and think the goal of society is to have markets, so we regulate for the market and hope society gets an outcome.
- WheelsAtLarge 7y agoWell put.