3 ms·
> And this is exactly why it needs regulation. Regulation is a farce. It requires a body from which the regulations are spawned/enforced, and no such body is i
by Rooster61 8y ago
> And this is exactly why it needs regulation.
Regulation is a farce. It requires a body from which the regulations are spawned/enforced, and no such body is incorruptible. History shows us this time and again.
Hell, look at the example that you gave. Oil monopolies were come down upon hard in the early 20th century, and to what end? It's still a firebreathing monster of a corrupt economics.
- asimovfan 8y agoWhy is this downvoted? Is this not true? Or what is the mainstream argument against this?
- Fnoord 8y agoBecause "regulation" (legislation, rather) is the only way to keep a company from gaining too much power. Without legislation we live in an anarchy with no rules or laws. We might as well go back to the time before homo sapiens got into its dominating existence.