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I'm not sure how to figure out which situation results in more scrutiny and due process. I can buy that private corporations are under-policed, but I'm not sure

I'm not sure how to figure out which situation results in more scrutiny and due process. I can buy that private corporations are under-policed, but I'm not sure the government would police itself either. Maybe the best is a kind of adversarial relationship between the public and private entities? Anyone know of compelling studies on what ultimately is best practice for compliance?

nicoburns 5y ago
> I'm not sure the government would police itself either One would assume that if the law was intended that everyone can have a bank account, then ultimately one would be able to appeal through the courts. Which are not perfect, but are a hell of a lot better than a company just being able to make it's own decision without having to justify it. Of course, you could have a governmental setup without this aim. And you could regulate the private market. But generally speaking governmental organisations are held to higher standards and have less incentive to be non-compliant.
- FredPret 5y ago
  > But generally speaking governmental organisations are held to higher standards and have less incentive to be non-compliant Citation needed. I’ve seen precisely the opposite. What’s needed is external pressure to be a good actor. The courts can do that to a government - in a country with very strong institutions. With a decent number of competing banks and a strong regulator, you can get very far
- BrazzVuvuzela 5y ago
  > One would assume that if the law was intended that everyone can have a bank account, then ultimately one would be able to appeal through the courts Maybe we should first socialize the legal industry, such that suing the government is actually a realistic option for the common person who, at present, cannot afford to hire lawyers for something like that.
kcplate 5y ago
> I'm not sure the government would police itself either Has it ever?
- xvedejas 5y ago
  There's clearly _some_ push-and-shove that happens some of the time, officials get fired for ethics violations, laws get changed, politicians lose re-election. I don't think it's worthwhile to be reductive, there's got to be a quantitative way to compare how different compliance schemes tend to fare.

nicoburns 5y ago

> I'm not sure the government would police itself either One would assume that if the law was intended that everyone can have a bank account, then ultimately one would be able to appeal through the courts. Which are not perfect, but are a hell of a lot better than a company just being able to make it's own decision without having to justify it. Of course, you could have a governmental setup without this aim. And you could regulate the private market. But generally speaking governmental organisations are held to higher standards and have less incentive to be non-compliant.

FredPret 5y ago
> But generally speaking governmental organisations are held to higher standards and have less incentive to be non-compliant Citation needed. I’ve seen precisely the opposite. What’s needed is external pressure to be a good actor. The courts can do that to a government - in a country with very strong institutions. With a decent number of competing banks and a strong regulator, you can get very far
BrazzVuvuzela 5y ago
> One would assume that if the law was intended that everyone can have a bank account, then ultimately one would be able to appeal through the courts Maybe we should first socialize the legal industry, such that suing the government is actually a realistic option for the common person who, at present, cannot afford to hire lawyers for something like that.

kcplate 5y ago

> I'm not sure the government would police itself either Has it ever?

xvedejas 5y ago
There's clearly _some_ push-and-shove that happens some of the time, officials get fired for ethics violations, laws get changed, politicians lose re-election. I don't think it's worthwhile to be reductive, there's got to be a quantitative way to compare how different compliance schemes tend to fare.