4 ms·
Regulation itself is not always "socially useful" for most people
by wu-ikkyu 9y ago
Regulation itself is not always "socially useful" for most people
- emodendroket 9y agoIf there is some sort of regulation that is harmful (do you have something specific in mind or is this just a generality?), it seems like the thing to do would be to reconsider that regulation, and not to simply allow a handful of savvy investors to skirt the regulation while the average person is still subject to it.
- wu-ikkyu 9y agohttps://en.m.wikipedia.org/wiki/Regulatory_capture https://en.m.wikipedia.org/wiki/Regulatory_capture
- emodendroket 9y agoI am familiar with the concept but don't see how it addresses anything I said to link the Wikipedia article with no commentary.