4 ms·
A hint as to how that happened: Regulation isn't about more or less, so much as about good regulation versus bad regulation.
by woofie11 7y ago
A hint as to how that happened: Regulation isn't about more or less, so much as about good regulation versus bad regulation.
- pnutjam 7y agoTrue, good regulation is what is necessary. We need to get rid of the notion that the government never does anything right. It's simply not true and it's harmful.
- woofie11 7y agoWell, we have two notions: 1) Government can't do anything right, and we need no regulation. 2) Capitalism will f-k people over without regulation, and we need maximum regulation. Neither is true. Markets work pretty well where they work, and regulations work pretty well when they're well-designed. Both work pretty badly when they're corrupted, gamed, or poorly-designed. I see very few discussions of what works well, versus a left-right push-pull.