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> The best way to regulate it is for people to stop buying HP printers. And to also outlaw those practices. Some things just shouldn't be left to market force
by EMIRELADERO 4y ago
> The best way to regulate it is for people to stop buying HP printers.
And to also outlaw those practices.
Some things just shouldn't be left to market forces.
- pdonis 4y ago> Some things just shouldn't be left to market forces. No things should be left to government regulators. They make things worse, not better. Regulatory capture is a thing. I'm sure HP would love it if government regulation entered this arena; sure, they might have to pay some costs of compliance, but their competitors, who don't have as deep pockets as they do, will be hurt worse than they are--meaning their market position will improve.
- EMIRELADERO 4y agoYou're letting perfect be the enemy of good. Government is not intrinsically bad. Regulations have achieved many good things. Just because there is corruption and abuses of power doesn't mean society should refrain from employing regulatory measures through their representatives. Healthy markets exist, in part, because of regulatory action, not in spite of it.
- atahanacar 4y agoAnd in a democracy, you can vote the government out. With a complete monopoly in a totally free market with no regulation, what can you do? Vote with your wallet even if it means you die from starvation? The end game is either complete extinction of humanity or anyone outside the monopoly becoming a slave for it.
- philwelch 4y ago> And in a democracy, you can vote the government out. Most of the government consists of unelected bureaucrats who cannot even be fired by the elected officials. > With a complete monopoly in a totally free market with no regulation, what can you do? Start your own competing firm. That sounds hard, sure, but try starting your own government and see how that works for you! > Vote with your wallet even if it means you die from starvation? The only food monopolies in history were run by governments, and they led to a lot of starvation.
- atahanacar 4y ago>No things should be left to government regulators. I really can't understand this point of view. If one supports the existence of any law, including things making murder illegal, this view becomes inconsistent. Why is outside regulation of our daily lives okay but market isn't? If one thinks there should be no laws, no governments and we should live in complete anarchy, you are still wrong, but at least they are consistent.