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Because they can privately buy the regulators who can then make them even richer. If you place that much influence in the hands of anyone, it will be misused fo
by tetris11 4y ago
Because they can privately buy the regulators who can then make them even richer. If you place that much influence in the hands of anyone, it will be misused for personal gain.
- csallen 4y ago1. If the regulators can behave so unscrupulously, making Jeff Bezos poorer won't solve that problem. 2. Wealth and influence are always used for personal gain. That's kind of the point, no? People are incentivized to work and earn money exactly so they can use it to make their lives better.
- tetris11 4y ago1. They could be more easily bribed by his competitors, or even by the government to do their jobs. It's less power to him. 2. If your goal in life is to maximize your own self interest without regards to how it impacts the society as a whole, then yes I agree.