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0 pointsasdff4y ago0 comments

There is a reason why these things are like this. Someone with influence is making money hand over fist with the current state of affairs, so it says. Regulation are always penned by those in industry they are set to regulate with government connections. Politicians don't do anything unless there is a push for it by lobbyists or donors because that's where the incentives are.

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tristor4y ago· 1 in thread

For healthcare the regulations mostly entrench the big players in insurance. It’s regulatory capture 101.

asdffOP4y ago

And what sucks about this entire situation is even if you today fixed healthcare, because you havent fixed regulatory capture it will end up screwed up in some other direction as soon as the grifters finish planning out their graft and ringing personal phone numbers in washington DC and state capitols. Fixing regulatory capture is therefore required to solve the big problems we have, like climate change, housing, and healthcare, otherwise no fix will ever be long term and meaningful. The incentive structures with regulatory capture favor personal profit over public good every time.

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