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> The problem is the government allowing private corporations to poison the environment to benefit the bottom line of the corporations. I disagree with the not
by coffeecat 5y ago
> The problem is the government allowing private corporations to poison the environment to benefit the bottom line of the corporations.
I disagree with the notion that regulations are inherently harmful to corporate profits. Foreign competitors do generally exist in other countries with different regulations, which complicates the matter in the real world; but in a healthy, homogeneously regulated market, a new regulation should increase the operating costs of all suppliers more or less equally. Assuming that there's a sufficient amount of competition to keep profit margins reasonably thin, the increased cost of regulatory compliance should be passed onto customers in the form of higher prices.