Comment by Atreiden
10 days ago
We don't need "more" government, we need the government to do its job. We need the regulators who have been legally appointed to oversee these areas to actually respond to these behaviors. Regulatory capture is the issue, but the solution isn't less government. It's getting corporate money and lobbying out of the government (Citizens United is to blame for most of our woes), increase the enforcement of anti-corruption laws, and get antitrust back on the table.
I want big corporations to be scared. I want them to fear for their own survival, and to tread lightly lest the sword of damocles fall upon them.
I'm with you, I like your answer, especially the last bit.
But how to get there we may disagree.
The existing avenues have proven unfruitful.
Regulating more has just lead to more control in the hands of the elites and those with resources, who know how to game the system, and more draconianism for us smaller folks. "Rules for thee, but not for me"
Anarchy/Libertarianism isn't the answer either, its too impractical, unrealistic.
I won't pretend I'm smart enough to know what the answer is, but I am experienced enough to know whats laid before us hasn't worked and isn't working. Consumer protection regulatory bodies have been made toothless over the course of decades, I don't think I can trust them again anyways after what has happened in recent years. Financial regulatory bodies only purpose is to make life as difficult for the smaller guys.
We have non-existent data and tech regulation. You know what would happen if we actually got some? It would be written by the same tech oligarchs. We would just have a new revolving door. Like how the Verizon CEO become the FCC chair. We will get Larry and Sundar passing our regulation. Elon and Mark funding the think tanks that write the legislation.
It's all rotten.
It's time for new ideas.