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So all regulations are necessary because it keeps corporations in check? I guess that means there is no room for bad regulations with that tautological definiti
by cglace 6y ago
So all regulations are necessary because it keeps corporations in check? I guess that means there is no room for bad regulations with that tautological definition.
- colejohnson66 6y agoThat’s not what I said. There’s good and bad regulation. Things aren’t black and white; a truly free market with no government intervention at all will harm consumers, and governments with a hand in everything will harm consumers too.
- cglace 6y ago"All regulation against corporations limits the corporation’s rights, but it’s necessary as it keeps them in check." Your original statement made it sound as if you were saying all regulation is justified. Thanks for the primer on free-market/regulatory trade-offs though I never realized there was room for nuance.
- colejohnson66 6y agoI could see why you would think that; I could’ve worded it better.