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If you don't regulate you allow bad players to keep doing bad things. If you do regulate you force bad players to work harder to keep doing bad things. I unde
by moate 9y ago
If you don't regulate you allow bad players to keep doing bad things.
If you do regulate you force bad players to work harder to keep doing bad things.
I understand that regulation has negative side effects and unintended consequences. But truly free markets lead to child labor and depressed worker wages. It's impossible to craft perfect regulations, but it's implausible to assume "everything will just sort itself out if we let the free market be completely free" since that has literally never happened on a broad scale.