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I didn't say anything about the effectiveness of said governance. I'm not exactly sure what you're arguing. Do you think that prohibiting the government from
by kube-system 3y ago
I didn't say anything about the effectiveness of said governance.
I'm not exactly sure what you're arguing. Do you think that prohibiting the government from collecting data about utilities will help them regulate them more effectively? I don't really think that's the case.
The reason that some want to limit the data that is collected is exactly the regulatory capture problem you're referring to. Private industry doesn't want data being captured which sheds light on any issues they're causing. No news is good news for those who have attained regulatory capture.
- mistrial9 3y ago> Do you think that prohibiting the government from collecting data about utilities will help them regulate them more effectively? no > The reason that some want to limit the data that is collected is exactly the regulatory capture problem you're referring to. no, there is not a single reason.. it is a role-based system of systems, and players have incentives, abilities and weakness, each, that are different > Private industry doesn't want data being captured which sheds light on any issues they're causing. mostly yes, but there are odd layer effects where "resolving liability" is preferred, or "legal obligations" that are not going away, leads to negotiation. I do not know the answer. Regulatory capture is real and I give examples of it. Absolute power corrupts absolutely, in both government and utility management. Things are going badly.