Earlier quoted context omitted.
>the regulation provided by the FAA isn't perfect, so it shouldn't exist This is far from what I'm suggesting. I'm just saying that if it is a gov't regulated anything, those regulations will incur wacky decision making due to the influence of outside money. Nobody likes to be regulated against, and if they are in the position to do so, they will use any mechanism available to them to keep the status quo. I'm also su…
But despite your cynicism about "any gov't regulation body", you would agree that professional associations have by and large been a success in protecting the public in areas like construction trades, engineering, law, and medicine?
I have less experience with other trades, but you did call out construction separately. My family comes from construction backgrounds at various levels. The 80s in the US saw a boom in the 20 story building construction, and then saw a total collapse (no pun intended) in the construction industry. There are lots and lots of building contracts won by lowest bidder, and the only way to do that is cutting corners somewhere. Usually in quality of material, or reducing the "over-engineered" portions to the point of risking saftey, etc.
It's also widely known in construction that the permitting offices can be gamed. Talk to the right people with the write phrases. NYC is infamous in that people playing by the rules get absolutely nowhere. You have to start spending cash and using influence to get things done. It's all just pointless to being corrupt.