> Yeah, I used to have a lot more faith in companies being responsible, but no longer. Instead what we've been seeing is that companies cannot be trusted with vital infrastructure.
I am in the same boat. Companies will optimize for profit and rent-seeking, all else be damned. A nuclear meltdown would be a negative externality, if line goes up it would have been worth.
> We need reform
Any reform needs to account for corporations being machines optimized to generate profit. Regulations should ensure "negative externality" is not really externalized.
Corporations only understand profits, and investors should be understood as entities willing to leech from society. The only way to heandle corporations is by having failures threatening the money that investors can leech through this pipeline.