3 ms·

How does smaller government help with sweatshops or unemployment or income inequality?

• gozur88 10y ago
  Regulatory capture allows large companies (espeically multinationals) to exclude competition.
• pjkundert 10y ago
  Less regulatory capture. When companies reach the scale of increasing inefficiency of communication and regression to the mean, the natural barrier to their growth, they replace innovation and competitiveness with erecting barriers to entry into their markets. Try staring a business in a market with large established players. You'll find that you cannot do many of the things they themselves did to get started -- they have erected legislative barriers preventing replication. Easy -- just write "think of the children" legislation demanding egregious safety, accounting and legal overhead, trivial to bear at scale, but lethal to new entrants...
• dmix 10y ago
  Basic income and small government can coexist IMO. As can a healthy legal system and charter of rights. The level of government involvment in everyone's day to day life has risen astronomically since the 1950s. That doesn't mean we have to sacrifice all social safety nets and human rights in order to have a healthy functional government. Running a non-megacorp business and surviving without a job has not been made easier at all since the 50-60s. It's actually harder than ever as a result of government intervention and wasteful resource consumption for very little benefit to society. It makes you wonder who the government has been busy serving all of those years. (Hint: the kind of business who wouldn't think twice about running a sweatshop via trade deals that never seem to involve clauses to require following the laws of the parent country) .