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The problem is that regulation is popular. And the same people who want to regulate everything also complain about the price of everything going up. It's fair t
by seydor 3y ago
The problem is that regulation is popular. And the same people who want to regulate everything also complain about the price of everything going up. It's fair to say that the majority of people cannot/do not assess the consequences of what they are voting for, and this manifests in many ways, for example with misguided green regulation like EV subsidies, or the looming pension/healthcare crises. Politicians use their tools to redirect the externalities/damage back to the population, so politicians are not to be expected to solve the problems that they helped create. We need some kind of institutional 'politician watch' to save our democracies from self-sabotage