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Is this inherent to the concept of regulation or is it a consequence of removing many of the guardrails that prevent wealthy interests from influencing legislat
by AlexandrB 4y ago
Is this inherent to the concept of regulation or is it a consequence of removing many of the guardrails that prevent wealthy interests from influencing legislation?
- aww_dang 4y agoRegulatory authority is a central point of failure. Regulators are only human and as such are fallible and corruptible by definition. There are no effective guard rails which can change this. You cannot regulate away human nature.