3 ms·
>Democracies have a poor track record of controlling regulators who make subjective decisions. I googled regulatory capture. Let's look at a few things that h
by sbf501 4y ago
>Democracies have a poor track record of controlling regulators who make subjective decisions.
I googled regulatory capture.
Let's look at a few things that have been regulated in the past 100 years of US history:
- car emissions
- lead usage in paint and fuel
- child toy safety
- food safety
- workplace safety
I'd say regulation has worked amazingly well since the days of Upton Sinclair novels.