So many HN commenters lament their employers, both private sector and non-profit universities or similar. Their bosses, the short term thinking, management issu

So many HN commenters lament their employers, both private sector and non-profit universities or similar. Their bosses, the short term thinking, management issues - the complaints are never ending. The regulatory bodies are an extreme - their employees can basically never be fired, they have arbitrary and capricious control, and their existence has no market test. Most regulatory institutions were created many decades ago. It’s not absurd to think they are ossified, bureaucratic, and purposefully ineffective - “damaging to society”. If a startup company can be a mess, and a large established company a mess, why not a regulatory agency? Pointing the finger at them and saying they are bad should not be a partisan issue. We should all be highly suspicious of their power, their unelected authority, and the innate desire of humans towards power and vanity who are attracted to such institutions.