4 ms·
Regulation helps the monopolies like Ma Bell. I heard that argument this morning from the FCC chair. I'm guessing that argument is not valid around here?
by 0xdeadbeefbabe 9y ago
Regulation helps the monopolies like Ma Bell. I heard that argument this morning from the FCC chair. I'm guessing that argument is not valid around here?
- fastball 9y agoIt's definitely a very case-by-case argument, but I definitely think there are times when regulation has hindered progress thru capitalism without improving any lives. There are also plenty of cases where regulations have greatly improved outcomes by curbing capitalistic eventualities. I'm personally conflicted about this particular case, and have no idea which will result in a "better" outcome when choosing between non-regulastion and regulation. However, I strongly believe that limiting Google's overall power is a better solution than regulating particular ways that Google could abuse their power, as I think the former is a better route if regulation is the route you choose.