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> "What we need is less regulation" source, UK government, HN comments, etc We do have regulations, even quite strict ones in this case, yet it happened. Makin

> "What we need is less regulation" source, UK government, HN comments, etc We do have regulations, even quite strict ones in this case, yet it happened. Making already highly illegal actions more illegal is hardly going to help. I do get that you dislike deregulation, but this comment completely misses the topic at hand.

radiorental 3y ago
> Making already highly illegal actions more illegal. Regulation isn't stiffer penalties alone, it's oversight. If I have to pass 2 checks vs 1, the incentive to fuck around decreases.
xcdzvyn 3y ago
Honestly, I think they know that and just don't care.
jimnotgym 3y ago
But all of the regulating agencies are defunded, so enforcement is a joke. This is the right wing approach to deregulation by stealth
- Sebb767 3y ago
  I'm not trying to argue against regulation. I just find it rather strange to have this dig against people calling for deregulation when, in this particular case, nobody asked for deregulation and the incident could, at best, be construed as a weak argument against regulation [0]. [0] "Excessive certification requirements made parts far too expensive, which made people willing to take the risk on counterfeit parts." - Note that I do not think we should deregulate aircraft parts, but this would be a valid point.
- RyanAdamas 3y ago
  Regulatory capture happens more often with greater regulation. More regulation = more funding required = more labor needed to perform; more money, more labor demand = more political power; money funnels into those managing agencies through third party avenues as a means of buying power and before you know it the regulation is just another barrier to entry that allow existing corporations (often the ones who craft the regulation) to consolidate their industry. Then we get things like the Horizon Deep oil spill.
  - dragonwriter 3y ago
    > Regulatory capture happens more often with greater regulation. No, it doesn’t. Greater regulation happens more often with regulatory capture, because then the purpose of regulation is creating barriers to entry.
WarOnPrivacy 3y ago
> We do have regulations, even quite strict ones in this case, yet it happened. What is left out here: How regulation mandated quality standards and reduced the supply of substandard parts (so low they're headline making outliers) There was other Gov interference that brought us here: "AOG last month was ordered by a London judge to hand over records to help identify additional suspect parts" epilogue: Both major biz and major Govs harmfully prioritize their desires above public wellbeing. Of the two, however, only Gov has a built-in duty to care for the public. One result of that is that Gov abuses are recognized as failures to be corrected - while Biz abuses are commonly regarded as successes to be rewarded and amplified.

radiorental 3y ago

> Making already highly illegal actions more illegal. Regulation isn't stiffer penalties alone, it's oversight. If I have to pass 2 checks vs 1, the incentive to fuck around decreases.

xcdzvyn 3y ago

Honestly, I think they know that and just don't care.

jimnotgym 3y ago

But all of the regulating agencies are defunded, so enforcement is a joke. This is the right wing approach to deregulation by stealth

Sebb767 3y ago
I'm not trying to argue against regulation. I just find it rather strange to have this dig against people calling for deregulation when, in this particular case, nobody asked for deregulation and the incident could, at best, be construed as a weak argument against regulation [0]. [0] "Excessive certification requirements made parts far too expensive, which made people willing to take the risk on counterfeit parts." - Note that I do not think we should deregulate aircraft parts, but this would be a valid point.
RyanAdamas 3y ago
Regulatory capture happens more often with greater regulation. More regulation = more funding required = more labor needed to perform; more money, more labor demand = more political power; money funnels into those managing agencies through third party avenues as a means of buying power and before you know it the regulation is just another barrier to entry that allow existing corporations (often the ones who craft the regulation) to consolidate their industry. Then we get things like the Horizon Deep oil spill.
- dragonwriter 3y ago
  > Regulatory capture happens more often with greater regulation. No, it doesn’t. Greater regulation happens more often with regulatory capture, because then the purpose of regulation is creating barriers to entry.

WarOnPrivacy 3y ago

> We do have regulations, even quite strict ones in this case, yet it happened. What is left out here: How regulation mandated quality standards and reduced the supply of substandard parts (so low they're headline making outliers) There was other Gov interference that brought us here: "AOG last month was ordered by a London judge to hand over records to help identify additional suspect parts" epilogue: Both major biz and major Govs harmfully prioritize their desires above public wellbeing. Of the two, however, only Gov has a built-in duty to care for the public. One result of that is that Gov abuses are recognized as failures to be corrected - while Biz abuses are commonly regarded as successes to be rewarded and amplified.