This isn't to invalidate your point completely, but to give some insight to those who are not aware of how this conflict of interest has been generally handled.
This isn't to invalidate your point completely, but to give some insight to those who are not aware of how this conflict of interest has been generally handled.
The case of Donald Trump is a perfect example. He had conflicts of interest galore, didn't even deny them, in fact he flouted them, and many people seemed to think everything was fine.
We need to be aware not only of the existence of conflicts of interest, but also of (1) how corrosive these conflicts are, and (2) the crucial importance of designing systems to minimize the bad incentives and effects that arise from conflicts of interest. Systems, in other words, that minimize the harm that -- because of human nature -- inevitably flows even from well-intentioned people when conflicts of interest are tolerated.