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by guelo
3130 days ago
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The Republican's anti-regulation ideology is also an anti-consumer-protection ideology. The idea is that if you let companies abuse their customers then other companies will want to get in on it and will eventually magically produce the most optimal efficient outcome for society as a whole. It's basically a religion because it is not backed by any real research or science. It also just so happens to align with the interest of giant corporations. |
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I hope this is satirical. One could just as easily state that pro-regulation ideology is anti-competition ideology. The idea is to create a regulatory burden so large that only big companies can afford to comply, or lobby to get favorable regulations. "It's basically a religion... to align with the interest of" politicians and bureaucrats.