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> Society views the fascistic impulses of those in control stifling innovation and growth as damage You think society sees financial regulations as fascistic i

• zmgsabst 2y ago
  I didn’t say that in what you quoted. > Society views the 1:[fascistic impulses] of those in control 2:[stifling innovation and growth] as damage I say that people who run our societies are fascists — and their impulses for control [1] then cause a stifling of innovation and growth [2]. Which a five minute conversation with someone that does business will convince you of better than I will. However, you got cause and effect reversed in your reading: I said that fascists are stifling innovation with regulation, not that regulations are fascistic. I also carefully said lost opportunity — because regulations become routed around precisely when they introduce more cost than benefit. Eg, some regulations boost opportunity by creating stable business environments.