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You got a laundry list of responses, the take away is that even with modern technology and abilities it is completely impractical to do the sort of inspecting t
by halJordan 3y ago
You got a laundry list of responses, the take away is that even with modern technology and abilities it is completely impractical to do the sort of inspecting that people seem to think is common place. Even for just one industry, but people seem to think every industry has regulators inspecting every factory. There just aren't enough people or money and if you did somehow do that the bureaucracy would collapse down onto itself in the same way imperial China repeatedly imploded.
Edit: the promise of the blockchain and self executing contracts was to overcome this bureaucracy problem.
- turquoisevar 3y agoThis seems to excuse poor enforcement of regulations (or worse, lack of the government regulating to begin with) with the premise that it’s impossible to do right. Yes, sure, it’s impossible to inspect and regulate every single thing all the time. But the US is doing a piss poor job where other nations at least have a decent baseline. This is by design by the way, underfund agencies so that politicians keep getting money from their corporate buddies. Even essentials such as food production is abysmally inspected in the US due to too few inspectors being available. Most EU countries don’t have these issues and their “bureaucracy” hasn’t collapsed down onto itself. Your comment is just another “this is an uniquely American issue and if we were to do it right the sky would come falling down” type argument that is trotted around everytime a fundamental issue, that has been solved elsewhere, is exposed.