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minus-squarelemmysmash@piefed.sociallinkfedilinkEnglisharrow-up22arrow-down2·2 days agoThe problem with regulators is that they a) gladly suck corporate dicks, b) gladly opt-in for the same authoritarian methods of population control, and c) gladly ignore common sense altogether.
minus-squarekarlhungus@lemmy.calinkfedilinkEnglisharrow-up12·2 days ago“a” has a name: regulatory capture. Regulators have in the past fulfilled their role, they’ve just been hamstrung.
minus-squarejabjoe@feddit.uklinkfedilinkEnglisharrow-up4·1 day agoThat is also because we let the companies get too big. We need to break them up. The market is completely dysfunctional. It is feudalism right now.
The problem with regulators is that they a) gladly suck corporate dicks, b) gladly opt-in for the same authoritarian methods of population control, and c) gladly ignore common sense altogether.
“a” has a name: regulatory capture.
Regulators have in the past fulfilled their role, they’ve just been hamstrung.
That is also because we let the companies get too big. We need to break them up. The market is completely dysfunctional. It is feudalism right now.