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I wasn't being completely serious, but whenever I hear government trying to get its dirty hands to something not yet regulated, it disgusts me. Regulation robs
by snitko 13y ago
I wasn't being completely serious, but whenever I hear government trying to get its dirty hands to something not yet regulated, it disgusts me. Regulation robs consumers and prevents innovation and competition, while making politicians rich. That's all there is to it. The side-effect of protecting consumers is unreliable and questionable in 99% of cases.
- _delirium 13y agoI guess I have a more in-between view, in that I'm sympathetic to the anarchists (with reservations), but less sympathetic to the profiteers, many of whom are simply hucksters. I think the trick with government is directing more of its energies against the hucksters than the good guys. Tricky to do, but then also tricky to the do with market forces, which often reward fraud and parasitism. Not always, of course! But I also can't really buy into "government is always oppressing the innovators", since the innovators are often innovating more in the realm of how to separate people from their money...