[ExI] NYT: The Technocracy Boom
max at maxmore.com
max at maxmore.com
Wed Jul 21 23:38:44 UTC 2010
Bill: I agree that regulatory capture is a big problem. Not as big as
poor motivation for and structuring of regulation in the first place,
but still a big problem.
We may disagree on exactly how to apportion blame on government vs.
private institutions (in so far as that distinction is even valid or
adequate -- which it really isn't so much), but perhaps we can agree
on this: It may be really difficult, but we should be focusing on how
to (a) improve the decision making that leads to regulations (both the
reasons for them and how they are structured), and (b) how to prevent
or reduce regulatory capture.
(Both need to be tackled at once, since *some* regulatory capture is
defensive, and may have beneficial effects. As in: Government -- we're
going to cut off your limbs. Private bodies -- we would like to be
involved in which limbs you cut off and how many and how painfully.)
These are enormously difficult issues of political, economic, and
social design. We tend to focus on hard technological problems and
solutions, but this kind of "soft" technological problem is really
critical if we're to make it into a desirable future any time in the
new few decades.
Projects such as the Center for Deliberative Democracy seem to me to
be along the right lines, but only a small part of the picture.
Max
Quoting BillK <pharos at gmail.com>:
> Well, I think we're all agreed that something went wrong.
>
> Regulatory capture by big business is the big problem I see.
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