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>I think I fear that marketing forces are stronger than consumer knowledge. I fear regulations for that reason. If political marketers convince voters to elect
by Jabanga 9y ago
>I think I fear that marketing forces are stronger than consumer knowledge.
I fear regulations for that reason. If political marketers convince voters to elect some puppet for special interests, who imposes regulations mandating I use some inferior product, by prohibiting all other options, I have no way to opt out.
I trust the ability of people to see through marketing lies when it's in the context of an organic market with multiple options, mediated my consumer interest, more than when it's relating to politics and proposed regulations to mandate one solution for the entirety of society.
There is a lot of propaganda out there to make people fear the market, and to believe that its advocates are the bad guys (unsuspecting dupes for corporate interests), and I believe that this is by design, and the originators of these memes are in fact projecting. They represent a powerful elite who stand to extract economic rent when the state eliminates choice from market in the name of consumer protection, and they have created an elaborate ideology to convince the population to support their policies. Don't fall for it.
>Monopoly, information asymmetry (You don't have the same resource as GS to understand the market condition ).
The government can address monopolies without prohibiting consumer choice. It can simply fund a public option. For example, it can provide publicly owned roads, so that people aren't stuck with a private road network. It doesn't need to prohibit private roads.
As for information asymmetry, this is effectively dealt with in the market. See my microprocessor example I brought up earlier.
>Most people would reject slavery, experimentation on human, kidnapping, extortion ... as normal behavior.
These are all qualitatively different than buying food with hormone disrupting chemicals. In fact, the law you're advocating is more like these things, as it reduces personal autonomy by restricting the right to engage in voluntary interactions. It is clear when a legal remedy is appropriate, and when it is not. This can be deciphered by considering the nature of the law:
https://www.theatlantic.com/politics/archive/2016/06/enforcing-the-law-is-inherently-violent/488828/ https://www.theatlantic.com/politics/archive/2016/06/enforci...
- DomreiRoam 9y agoI think you are quite correct to point that law and regulation reduces personal autonomy and that the law is violent in is nature. I agree 100% that the impact of marketing on the result of election and it scares me a lot the new trend to use social mass data to win election. I m more and more in favor of sortition for this reason. I agree also that you have regulation set up by people that seek rent above everything. I think I fear also the harm that powerful people or corporation do right now and I think someone need to take action. What is difficult is to have the right balance between liberty and regulation. We see a division between continental Europe and Anglo-saxon country; In Europe we have more regulation and I think less economical growth and less innovation and the US where it seems you have less regulation but often more meant to create rent and crazy companies behavior but you have growth and more innovation. Thanks for your comments, it s nice to have a good conversation :)
- Jabanga 9y agoBeyond the intellectual debate on net economic effect, we should have the humility to not punish people with legal penalties for actions that are fundamentally voluntary.