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Do you think markets can exist without regulations? I think you're failing to acknowledge that without regulation, it's far easier for violent monopolies to con
by kevviiinn 4y ago
Do you think markets can exist without regulations? I think you're failing to acknowledge that without regulation, it's far easier for violent monopolies to control everything
Do you honestly think that without government saying that corporations can't do violence that they would all get along in happy lovey dovey fairy tale land? No, they would absolutely have their own standing armies. We need regulation to even have markets otherwise we go back to feudalism
- phpisthebest 4y agoI am not ready to go full AnCap... but I believe Governments role in society is as a Night Watchman, to prevent violence, fraud, and physical abuse (i.e murder, property theft etc) I would even go as far as expanding the Lockean proviso to its natural conclusion in the establishment of a Single Tax system around natural resources / property i.e Geolibertianism In short I believe government should be about 1/10 or even 1/20th of the size we have today. Total government expenditure in the US (State Local and Federal) should be no more than 15-18% of GDP, today federal alone is over 25 approaching 30%
- kevviiinn 4y agoThe problem is that corporations will take every single advantage that isn't explicitly denied to them at the cost of consumers and citizens in general, that's why we have and need regulations to protect the environment and make sure that corporations don't completely destroy ecosystems for profit. But we can see that they do anyways, they just go to countries without the regulations and destroy the environment there