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Over the past couple of decades, our elected representatives have prioritized the welfare of corporations over the welfare of human beings. Price transparency l
by floatingatoll 6y ago
Over the past couple of decades, our elected representatives have prioritized the welfare of corporations over the welfare of human beings. Price transparency laws harm corporations and benefit consumers; therefore, they are unlikely to be approved for law by the elected representatives.
- dathinab 6y agoAt the same time price transparency & monopoly restrictions is fundamental for a working capitalism. Without that there will be no proper self regulating marked and all the points why capitalism is supposed to work will not uphold anymore.
- dstick 6y agoYep, it’s a definite ying and yang. Sapiens (the book) spends a few very interesting chapters on the inner workings of this dynamic and how it shaped the world as we know it.
- dstick 6y agoIt’s an incomplete statement if you leave out the “why”. Lobbying. If that were regulated and corporation money didn’t indirectly buy votes through ad-spent but votes were won through actual policies and independent voter thinking, representatives would represent what voters (or a slice of them) wanted. As it stands, they win elections by catering to a very, very small slice that can bring them into power: Corporations. Their donations are a more sure-fire bet to winning elections than trying to win over regular people.