Precisely what americans state you should not do: regulate.
There should be laws stating who has skin in the game, maybe by stating that if you take responsability for the profit by having a high salary, you also take responsability for the damage with prison.
> Precisely what americans state you should not do: regulate.
Everyone thinks the same until they're screwed over and then they want someone to do something about that. The big misunderstanding is that "regulation" is just the stuff you don't like. In reality it's everywhere the state gets involved. Every rule that the state ever put in place is regulation. Even the little ones. Even the ones that you like.
Computers cannot be held accountable more than a car, or a gun, or an automated assembly line can. That's why you have a human there no matter what, being legally accountable for everything. The human's rank and power defines how much of the risk they are allowed to or must take.
Libertarians love certain regulations - mostly the ones where the government allocates some stuff as "theirs" and uses violence to prevent other people from using it without paying them a fee.
Yep, when the government makes a plan like "5 hotdogs per person per week" that's allocation, and when the government makes a plan like "each 100x100 meter plot to the highest bidder" that's allocation, and when the government makes a plan like "special rights to the creator or their nominee until 70 years after they are dead" that's allocation too.
> Precisely what americans state you should not do
Regulations, on a large scale, were pioneered by America as a response to Great Depression. For a long time Europe was behind the US on this front.
Regulations, actually, worked miracles for the US. But two things happened: early success that prevented further improvements (medical care), and mechanistic misapplication of the practice (over-regulating businesses like hairdressing etc.) Blinded by the later, a lot of Americans believe that regulations, in general, are bad. Well, now we see a small group of people who stands to gain a lot from deregulating many aspects of American life is about to rob blind the remaining very large group of American people :|
There should be laws stating who has skin in the game, maybe by stating that if you take responsability for the profit by having a high salary, you also take responsability for the damage with prison.