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A lot of people don't like regulation on general principal, but it's important. We need laws to stop people just taking stuff from stores and we need laws to s
by shubb 9y ago
A lot of people don't like regulation on general principal, but it's important. We need laws to stop people just taking stuff from stores and we need laws to stop companies destroying rivers or putting employees at risk.
One driver for globalisation has been to evade regulation, whether that is the globalisation of money with tax havens or hands off supplier networks that don't follow even local labour law in pursuit of higher margins.
Governments have not figured out how to deal whith this. Regulation could drive automation so that long working hours in dangerous conditions were not necessary. Or incentivise products that made in ways that don't damage the environment (see German vs Chinese solar panel manufacture).
But they don't. As long as African children are cheaper than robots and no one is saying no, we don't get no robots.
What could help with this? Possibly international systems like TPP, possibly better informed consumers. Ultimatum I dont think either of these are enough abs don't know what is..