For me “bad actors” includes all bad actors—-whether commercial, governmental or otherwise. They are all potential snake pits and they need to be scrutinized. :-)
But they are what we have to work with. To me it is irrational to refuse to use part of the toolkit (laws and regulation) because ideology.
Mandatory radical transparency is probably a part of any effective mitigation strategy.
We have to be realistic. The “system” cannot be perfected, and trying will cause horrible unintended consequences. It will always be gamed. There will always be charismatic sociopaths and selfish assholes. There will always be injustice and suffering.
But we can try to use the available tools judiciously to keep their negative impact down to an acceptable level.
But they are what we have to work with. To me it is irrational to refuse to use part of the toolkit (laws and regulation) because ideology.
Mandatory radical transparency is probably a part of any effective mitigation strategy.
We have to be realistic. The “system” cannot be perfected, and trying will cause horrible unintended consequences. It will always be gamed. There will always be charismatic sociopaths and selfish assholes. There will always be injustice and suffering.
But we can try to use the available tools judiciously to keep their negative impact down to an acceptable level.