3 ms·
Agreed. We're in this mess because of unregulated capitalism, but sure, removing even more regulations will definitely solve it! (for the people who are fortun
by fnimick 3y ago
Agreed. We're in this mess because of unregulated capitalism, but sure, removing even more regulations will definitely solve it!
(for the people who are fortunate enough to "have a venture" goes unsaid - the rest will be left poor, and they deserve it, for they weren't good / useful enough)
There is absolutely an argument to be made here about regulatory capture with respect to zoning laws, parking minimums, etc making building dense housing impossible. The parent comment started fine and then devolved into typical libertarian drivel about how if we just remove ALL regulations to business, this will definitely get resolved.
- Ensorceled 3y agoIt's so disheartening. I have a lot of family who are suffering and they are all blaming the school unions and welfare recipients for all their problems.
- robertlagrant 3y ago> We're in this mess because of unregulated capitalism, but sure, removing even more regulations will definitely solve it! How can there be regulations to remove if it's unregulated? There are hundreds of thousands of regulations.
- fnimick 3y agoInsufficiently regulated, then. The parent comment looks at regulations on home building (zoning, etc) that are harmful, and extrapolates from that that all regulations are harmful and that the root cause of inequality is regulation preventing poor people from starting venture businesses. Because everyone knows that the startup world is definitely not inequitable at all, where some people walk away with hundreds of millions and others lose everything.
- robertlagrant 3y ago> Insufficiently regulated, then. I don't think this is necessarily the case either. In the cases where there are harmful regulations, the answer isn't "more regulations". You might well say "incorrectly regulated", and put the blame where it belongs: on the people writing the regulations.
- gcanyon 3y ago> We're in this mess because of unregulated capitalism, but sure, removing even more regulations will definitely solve it! I'm not arguing that removing regulations will solve it, but it is possible to have an island of misery in the middle of two more pleasant extremes. Meaning that both more and less regulation would make the problem better, just in different ways. To your point, you can't simply ridicule the solution you don't like and call that an argument.
- fnimick 3y agoI didn't think I had to be explicit - to look at some regulations with negative effects (zoning protectionism for nimby homeowners) and then extrapolate from that that all regulation is bad, is farcical. There is a decent argument to be made that I would agree with that regulatory capture on home building is a serious problem. But that's not the argument that was made, instead the parent comment went on to claim that the actual problem is "freeloaders" and all that government regulation preventing the few worthy people from getting off the ground.
- Grimburger 3y ago> because of unregulated capitalism Where on Earth with a housing crisis is "unregulated capitalism"? It can take years simply to get development approval in Australia. If it's anything more than a single family dwelling get ready for a long lengthy process with hundreds of submissions, some even from suburbs over demanding it doesn't get built. The entire system has been captured by vested interests who know how to drive their own unproductive asset prices up at the expense of society.
- zo1 3y ago[flagged]