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Fascinating that, in a purportedly capitalistic economy, there is product demand going unserviced. We argue on good grounds, and the author mentions, that we n
by smitty1e 5y ago
Fascinating that, in a purportedly capitalistic economy, there is product demand going unserviced.
We argue on good grounds, and the author mentions, that we need standards for safety and reliability, sure.
But at what point do we admit that Regulatory Capture[1] destroys innovation to the benefit of only the major players?
[1] https://en.m.wikipedia.org/wiki/Regulatory_capture https://en.m.wikipedia.org/wiki/Regulatory_capture