3 ms·
Well, 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 nee
by woofie11 7y ago
Well, 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.