[tinsx]

The issue with the current set of laws regulating corporations is that those laws were made with intervention from lobbyist groups, which changed legislation to benefit those lobbying groups. In reality, the way to do this fairly is to repeal these laws, remove power from corporations giving it back to the state (possibly through actually taxing corporations and the rich properly, along the lines of what Huey Long proposed a long time ago) and removing the capacity for corporations to lobby at all. The problem is not regulation, it is that corporations have the power to change that regulation. An unregulated market would be just as unfair as regulation enforced monopolies and monosonies.

If such changes were brought about, the increased taxes could go towards things like infrastructure and social welfare, which would actually help people, unlike what billionaires pretend is fair compensation to their harms upon society, when in reality they give back very little. Bezos and Musk for example, both got into the space industry instead of putting a lot of their wealth back into philanthropy. The seeming odd one out is those who are like Bill Gates, who do actually give back a massive portion of their wealth.

[edoo]

The regulation is what allows the problems by design. Take Wall Street, most the big names would have been shut down and liquidated to cover crime restitution... if it weren't for regulation. The EPA regulations shield companies from liability if they have an accident but were following the regulations they lobbied for. I worked for a megacorp that passed safety laws to hurt competitors. The airport TSA regs are specifically for shielding the airlines from liability in the case of a security incident. All regulations are a fraud. Every problem they purport to solve would already be covered by existing law, serious law. Either you are liable for damages or you are not. With any regulations the big players never are. Pollution is already covered through property and violence laws (poisoning my air is a violent act). Removing the regulations is what would remove power from the corporations. If it is already covered under existing law then the regs are to bypass them.