Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

"Have a society where people like this can't get a foot-hold in the first place" - How does one build this society? This is not meant as snark.

Building a system that prevents sharks from getting a hold while also not preventing well-meaning people from building seems incredibly hard.



Things I'd start with include:

- Don't shoe-horn "free market" into absolutely everything, recognizing that in some areas you need more regulation than in others.

- Reasonable anti-trust with reasonable enforcement.

- Personal responsibility instead of corporate responsibility (which is very rare today except in cases of outright fraught such as Enron, VW Diesel, etc.)

You can argue a bit about the details, but I don't think any of this is hugely controversial and has broad support across the political spectrum.


Remove limited liability to 'all asset paid by undue selling of share and dividend received, pierce the corporate veil _systematically_ in every fraud cases.

Bilzerian have a famous son who squandered the hundred of millions he stole and put in a trust before getting arrested, but I'm pretty sure defrauding people and putting the money in a trust, getting out of low-sec filled with other people like you after 5-10 year then living like a king shouldn't be possible.


"Be careful. If you scare away my demons, my angels might leave as well."




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: