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Big corporations are ideally suited to the operating conditions of big government. They have the lawyers to understand the rules, the capital to withstand delay
by spacebanana7 2y ago
Big corporations are ideally suited to the operating conditions of big government. They have the lawyers to understand the rules, the capital to withstand delays/penalties, and the lobbying power to influence regulation.
- meetingthrower 2y agoLol. Tell that to insurance companies, which are regulated by the states. they LOVE it, as they have the scale to deal with a 50 state bureaucracy. Small government favors huge business.
- ossobuco 2y agoYes, as it is now regulations are just another tool in the hands of corporations, since they are the only ones to have the resources to work around them it further centralizes power in their hands. The thing is without regulations you will still have a few huge actors emerge from the free market competition and then basically rule undisputed, while giving up a lot of the advantages of regulations. So how do you solve it? Stop offloading vital services to the private sector. Allow it to innovate, but always with the possibility that the innovation they bring to the table will be incorporated as a public service. And let's drop the notion that only profit-hungry individuals can innovate, the state should be as capable as any corporation to innovate. It's just a matter of misallocated incentives.