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The way I see it U.S is just bad at regulating things, and blames this on regulation as a concept, instead of its own implementation. Any attempts at actually
by pornel 7y ago
The way I see it U.S is just bad at regulating things, and blames this on regulation as a concept, instead of its own implementation.
Any attempts at actually regulating things in the U.S are watered down by "but free markets!" and "oh no big government!", and the shitty compromise results in giant loopholes for regulatory capture, and toothless govt agencies that can't regulate what they were created for.
- jjeaff 7y agoYou can see this playing out in real time as politicians are inviting companies like Facebook to be involved in coming up with regulations. You should use experts when coming up with regulations. But you need to use unbiased experts. Anything that Facebook suggests will of course amount to nothing more than a moat for their existing business.