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I feel like this stance ignores regulatory capture as a concept. In any activity at the scale of individual humans it is generally considered inappropriate to a
by forgetfreeman 4y ago
I feel like this stance ignores regulatory capture as a concept. In any activity at the scale of individual humans it is generally considered inappropriate to adopt an attitude of "I'ma do tf I feel until someone tells me I'm fucking up". Why should activities at the scale of private firms differ?
- jhgb 4y agoWait, so the response to regulatory capture by companies should be...regulation by companies? Like, just removing the middleman?
- forgetfreeman 4y agoNever said that, but since we've apparently landed at "people are complete sociopaths and absolutely must be forced to act in ways that aren't overtly harmful" what, specifically, are your recommendations? Because from where I'm sitting that sounds an awful lot like ironclad reasoning to eliminate profit motive from society.
- jhgb 4y agoI'm not recommending anything. I'm just saying that "we shouldn't rely on companies for regulation of their behavior" is not an opinion easily countered by "but we need to, just in case of regulatory capture", because it's putting the cart before the horse.
- forgetfreeman 4y agoStill isn't what I said. but since we're doing another lap through available options are 1. do nothing 2. government regulation <insert sovereign individual screeching here> 3. corporate self-regulation (because that's always successful /s) 4. Eliminate all incentives for unethical behavior.