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Regulations aren't all designed for society's well being. Some regulations are very narrow and help only specific businesses, like tarrifs.
by greentxt 2y ago
Regulations aren't all designed for society's well being. Some regulations are very narrow and help only specific businesses, like tarrifs.
- ImPostingOnHN 2y agoRegulations aren't all designed to help specific businesses. Some regulations are designed for society's well-being.
- hirako2000 2y agoThen society should gladly finance their entire cost.
- deleted 2y ago[deleted]
- ImPostingOnHN 2y agoThe cost addressed by regulation is the cost on society of the unregulated behavior. An alternative might be, no regulation, but businesses are responsible for the costs of business to society (pollution, poor mental health, potential that it's a scam). After all, businesses benefit from these things, so they should gladly cover their cost to society. Personally, I prefer less pollution.
- bigfatkitten 2y agoSome regulations are designed to satisfy ideological whims of the legislature, and they don't benefit society at all.