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I disagree, a key social purpose of complex legal rules is regulatory capture that allows powerful people to stay powerful. Smart powerful people don’t have to
by _yb2s 4y ago
I disagree, a key social purpose of complex legal rules is regulatory capture that allows powerful people to stay powerful. Smart powerful people don’t have to break the rules, they follow them in practice but not in spirit, whereas people without access to lawyers and legal sophistication break rules unknowingly, even when following them in spirit.
- koonsolo 4y agoI'm talking in the practical kind of way: speeding, parking where you're not supposed to, "better to ask forgiveness than permission" kind of things, creative bookkeeping (I'm from Belgium :D), ... . No idea what kind of high profile business owners you know, but in my circle in Belgium, most are small business owners. In my experience, employees like to follow rules, business owners like to push their boundaries.
- _yb2s 4y agoI do know some high powered industry leaders in the USA. At that level you don’t break the rules, you make them… specifically to exclude you competitors while leaving carefully crafted loopholes for yourself. I agree that what you are talking about applies to scrappy startup types, the same people that eventually stop breaking the rules once they have enough power not to need to.