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> What about a private sector solution? The private sector has over and again shown that it is not the right lever to use when trying to solve public commons /
by munificent 4y ago
> What about a private sector solution?
The private sector has over and again shown that it is not the right lever to use when trying to solve public commons / ecological problems. The private sector is what gave us Dickensian hellholes full of child coal miners, the North Atlantic cod collapse, the Bhopal disaster, etc.
Private enterprises are structurally incentivized to externalize their costs in order to compete with other private enterprises. They are about as good at preserving a shared public space (physical, ecological, or informational) as any of the hippos are in Hungry Hungry Hippos.
I'm not anti-market in general. I think within the bounds of a well-structured regulated market, they have shown an incredible ability to increase efficiency and allow goods and labor to flow around and organize.
But that only works when the market participants are playing a game with rules and enforcement. If you just get a bunch of people together all trying to win without regulation, you get a quarterback carrying an assault rifle onto the field.
> We consider Michelin stars to be indicative of exceptional food.
Yes, but we do not rely on Michelin to make sure we don't each roaches or get food poisoning. We rely on regulation for that. Michelin ratings don't scale to the level needed for food safety. It's a niche, luxury product.
> It could be at an individual reporter level or a publication level and reviewed using a set of public, transparent criteria.
Reporting without enforcement is pointless. There were many many reports showing clearly that the North Atlantic cod population was going to collapse. The fisherman didn't care. They just wanted to get what they could out of the water for as long as they could.