Yeah - it's one of those cases where effective coordination is hard. We need effective coordination (regulation) to get outcomes that are best for both individ

Yeah - it's one of those cases where effective coordination is hard. We need effective coordination (regulation) to get outcomes that are best for both individuals and the group, but that doesn't make it easy. Risks of regulatory capture, bad regulations, and such are still there and a problem. Policy and good incentives are hard to get right. That's why I'm happy to see them when they happen. At least in the common case capitalism allows for markets to get this right a lot of the time through company success and failure. Even with negatives there's still massive wealth creation that has risen all boats on net. https://slatestarcodex.com/2014/07/30/meditations-on-moloch/ https://slatestarcodex.com/2014/07/30/meditations-on-moloch/