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You just described two sub-steps of: > They want to be free to control the market 1. One of the tell-tale signs of regulatory capture is when the Government's
by mattoftheweb 2y ago
You just described two sub-steps of:
> They want to be free to control the market
1. One of the tell-tale signs of regulatory capture is when the Government's efforts do little to control/limit a corporation. Like when they end up relegated to 'middleman' between the corporation and consumer.
2. Regulations that serve as a 'moat' against competition is the carrion call for free markets. Capitalism thrives on competition. If the only competition they face is what they allow, then they have no incentive to innovate and create value, only maximize the value they already have.
The counterpoint to #1 doesn't mean that we don't need to trim the fat... but there is a MAJOR difference between what businesses and the average–joe consider 'fat'.
That is what I think is so scary about this, there is no chance Beelzebub's idea of a free market matches my own.
- fsckboy 2y ago>the carrion call for free markets you do realize there's no such thing as a carrion call? a clarion is a trumpet, and a clarion call is a call for urgency I suppose with crows ("here's the thing...") you could get a carrion caw