3 ms·
What's weird to me is Republicans say regulation is bad - and don't get hurt by a _lack_ of regulation. How can people in that party be so gung-ho to make them
by blitmap 10y ago
What's weird to me is Republicans say regulation is bad - and don't get hurt by a _lack_ of regulation. How can people in that party be so gung-ho to make themselves vulnerable? They're not all part of the 1%. Surely they know someone who suffers by undoing regulation.
These people can't all live in the same bubble.
- naasking 10y ago> What's weird to me is Republicans say regulation is bad What's really weird is that Republicans love markets and hate regulation, but don't seem to realize that every market is created by regulation. There's a complete lack of nuance among vocal Republicans.
- ryanwaggoner 10y agoMarkets are definitely not created by regulation. Markets exist even in the absence of a functional government at all.
- akiselev 10y agoAny definition of "market" relevant to this discussion necessitates property rights, which require a functional government and a bare minimum level of regulations. We're talking about the Republican party, not prehistoric tribes, so a nebulous theoretical definition of "markets" that is easily satisfied by two people trading seashells is entirely unhelpful.
- deleted 10y ago[deleted]
- specialist 10y agoOpen markets require standards, property rights, fair and impartial judicial system, currency, etc. Without government, there can be no open markets. Perhaps you're thinking of black markets.