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Self regulation would mean that the org should face much stiffer penalties for failing in its regulation related duties. The increased agency needs to also come
by nerpderp82 3y ago
Self regulation would mean that the org should face much stiffer penalties for failing in its regulation related duties. The increased agency needs to also come with increased responsibility.
Something like notaries, guilds or unions that can speak the truth without retribution ...
No, we need independent regulation. We don't have the societal norms to pull off self regulation.
- mulmen 3y ago> Self regulation would mean that the org should face much stiffer penalties for failing in its regulation related duties. Why? How does this incentivize effective self-regulation? > No, we need independent regulation. We don't have the societal norms to pull off self regulation. We do though. This thread even points them out.
- nerpderp82 3y agoBecause they have autonomy. By having the regulators embedded, they can continually tell them how to improve. The regulation isn't to punish, but to conform and exceed to the specifications.
- mulmen 3y agoWho are the “they”s in this example? The more I read this comment the less I understand it. Can you try again?
- nerpderp82 3y agoWe are only talking about organizations that are participating in self regulation. Those that self-regulation have a greater duty to be truthful and in good faith, attempt to remain in compliance. If they cheat, not only should they lose the right to self regulate, but they should face stiffer penalties for breaking that trust.