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then the topic would shift to who regulates the regulator. And there are very EVIL incentives in having regulators. More free market is a way better solution.
by germandiago 5y ago
then the topic would shift to who regulates the regulator.
And there are very EVIL incentives in having regulators. More free market is a way better solution.
I agree it is a shitshow.But it is also true that these companies created products. What does a regulator do? Regulate and having incentives to regulate in certain directions (come on we all have seen that). However they bring zero value to people (unlike Apple, for example, with all its defects)
There are sooo many absurd regulations that prevent people from building businesses or even working that Ithink we should start there. And later, and only later talk aboutthe rest.
Just my two cents.
- germandiago 5y agoBesides the rain of negatives I am getting, something I expected, it seems I got a negative in this last reply. It seems that regulators would be kind of gods where there is nothing else to say about it. I am still waiting for a real, logical reply to who regulates regulators. After all, we live in an overregulated world where people always complain about corporations. However, much of this power is accumulated through lobbying to legislators. Do you people really think that regulating MORE is better? I bet this is not the good way to go... Again, just my two cents from my intellectually honest (I can be wrong, of course) analysis by seeing what I see day by day.