520 karma · joined December 11, 2019
Given that I doubt you are following the high water of cultural morality as it shifts around the world, sounds to me like bigotry might be fueling you here.
As a counter point it would be nice to see some data around predictors such as degrees, connections etc.
Still, I wonder if there is a structure which resolves liability.
The way I see it, this would require these publications to be truthful about their reporting, if it was revealed they weren't the market would no longer react as strongly to their signals.
Strikes me that the people who advocate for these outcomes follow the old mantra of "Privatising the winnings and socialising the losses", any win for this ideology isn't considered a general public win, but a win in spite of the general public, whereas any loss is always due to the general public. Both can't be true.
When this state hits it really is a thing to behold. Its very empowering to trust your system to this extent, and to know if you introduce a bug a test will save you.
EDIT: It is very very funny to talk to though.
"There were at least nine drug-related deaths"
I can't wrap my head around this, I know that smuggling drugs into jails is relatively common practice in the US but it seems like we have just normalised this when we shouldn't have. A jail is a facility that the government has complete control over and even more relaxed restrictions on what they can subject people to, so how does this happen? Aren't their CCTV cameras everywhere? Microphones? Surely these incidents should be so well tracked and then some sort plan formed to prevent this, or if the guards are corrupt and enabling this maximal punishment.
Don't even get me started on allowing prisoners to control the food supply of other prisoners... just seems like such an obviously bad idea.
To be fair I don't know your wealth at all but its just an observation I've had from talking with others about this. The end result of this would be to make these people some of the wealthiest in the country by dragging the wealth curve to just above their level. It sounds like a moral hazard to me.