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To me less government regulation would reward larger factories which is what got is into this mess in the first place. Concentration of manufacturing. Most of
by sharemywin 4y ago
To me less government regulation would reward larger factories which is what got is into this mess in the first place. Concentration of manufacturing. Most of the federal regulations I know of are around employee safety and excessive labor exploitations, safer environmental practices, or consumer safety. And I'm not sure I've seen where less regulation has had a good track record on this things.
- Jtype 4y agoThe larger factories existed within the currently high government regulation, so assuming larger factories would result from less regulation isn't in evidence.
- sharemywin 4y ago"so assuming larger factories would result from less regulation isn't in evidence." there's no evidence that less regulation will make markets more competitive either. but, economy of scale is a pretty well know market phenomenon. but, I'm going to look into your argument. Is government regulation a major contributing factor to market consolidation.
- chiefalchemist 4y agoLet's not talk about less or more. Let's just focus - for now - on who and what is. The point is, we are where we are. What got us there? That is, it's not a matter of less regulation or more. It's a matter of we have some form of regulation and that favors some and not the other. That's not a judgement. It's a statement of fact. The point being, too often we assume legislation / policy is neutral / agnoagnostic. That's a false assumption. In short...whether less or more, legislation / policy is a thumb on the scale for someone, somewhere, somehow.