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I'm very happy my governement makes regulations : * the market didn't decide VW should not fake emission * the market didn't decide Fukushima to be secured * th
by wiz21 10y ago
I'm very happy my governement makes regulations :
* the market didn't decide VW should not fake emission
* the market didn't decide Fukushima to be secured
* the market didn't decide bisphenol-A is dangerous
* the market didn't avoid asbestos
* the market didn't choose forbid to sell cigarettes to people who can be hurt by them (i.e. children)
* the market didn't decide tax avoidance is a bad thing
Eventually, those things will get fixed, but when the damage is done (see asbestos), i.e. when it's too late.
The problem is that market pushes business to make money, not to be virtuous. That's because when a business must choose between "closing" and "going on but being less than virtuous", the business says "I don't have choice, it's either live or nothing", so I choose "live on".
I understand that not all business operate like this. But many people will make that choice because it's practical. Much like choosing between free software (politically fine but economically broken (that's an approximation)) and proprietary software (ok to enslave people but economically viable).
- narag 10y agoI am in favour of fair and reasonable regulations, but your examples are unconvincing. Faking emissions, avoiding taxes... those are illegal actions, just because you are trying to fool government for profit. Fukushima most likely followed regulations that were inadequate. The key word here is responsability. If businesses are made responsible and have to pay when they behave recklessly, the only measures needed are those preventing unreversible damage. Also there should be some kind of limitation to what government can regulate and how.
- emodendroket 10y ago> Faking emissions, avoiding taxes... those are illegal actions, just because you are trying to fool government for profit. Huh? Without regulation, VW could just claim whatever they wanted about the emissions of the car and it wouldn't be illegal.
- deleted 10y ago[deleted]