Let's start by making revolving doors illegal.
Also a ban is plainly unconstitutional, people have a right to free speech, free association, and to work for whom they choose.
That feels like trading a problem for an even bigger problem. Everyone has greed but not everyone has competence. The world is in desperate need of more competence. Greed isn't necessarily a problem as long as it's regulated e.g., most people want nice stuff but don't burglarize their neighbors.
We all have conflicts of interest.
You want competence for strategically sound decisions to achieve a goal, but setting it should be done with input of people that have not been groomed that advertising is a human necessity.
You want people in government making long term strategic decisions that steer society. They should be listening to the will of the people as to what direction to steer it. I hope we can agree on that much.
I think people forget that "regulators" though are really just large organizations that enforce/interpret laws. The obvious example is the SEC; it has 4200 employees and none of them create laws, their rules are an effort to enforce the laws created by congress using their technical competence in finance.
> You want competence for strategically sound decisions to achieve a goal, but setting it should be done with input of people that have not been groomed that advertising is a human necessity.
That's the world we live in. Congress has been completely incompetent when it comes to regulating finance and I'd expect them to be even worse when it comes to technology.
There absolutely has to be a layer of industry specific competence (from "insiders") to make any sense of industry specific laws. I don't want insiders choosing direction though; I want congress to be less reprehensible idiots.
That boat has sailed. Those who aren't financially incentivized to push for ever more monetary easing are politically incentivized to push for it. We were one vote away from another $2 trillion of government spending and tomorrow the Fed is having an emergency meeting to address inflation. Like pouring gas on the fire while the fire department sets up the hoses.
Maybe allowing private money and politics to mix at all is the problem.
Behind the Bastards had 2 good episodes about it.[0][1]
[0]: https://www.iheart.com/podcast/105-behind-the-bastards-29236...
[1]: https://www.iheart.com/podcast/105-behind-the-bastards-29236...
At the same time, certain areas of regulation seem inevitably complex. Environmental regulations come to mind. There is an endless variety of environmental hazards and regulations must balance costs and benefits in light of the best available scientific evidence.
It's hard to imagine how this can be anything but the province of elite experts. Politicians or the private sector handling it seems like a guaranteed nightmare (and was historically, that's why we have these agencies).
Has this ever worked in any place on earth ?
Also your very notion of having a referee means applying rules made by a higher entity, which is the gov itself ? Even assuming your vision of the gov just makes fewer simpler rules and don’t change them, we fall into what we are seeing right now with the Olympics: outdated rules that are as arbitrary as it can, and fall short at every corner of reality, gamed through every nook and cranny , with everything staying in place only because the main actors have never been the participants but the countries and corporations.
You mean like a company who force an NDA on you or force you to not work with the competition? Also working at the FDA and be the one to approve a drug and then leave and work for the same company that made said drug, is just pure corruption.