| >What I am saying is that in order for regulations to NOT cause businesses to 'vote with their feet and their wallets', we must also enact trade policies so that it is NOT cheaper for businesses to seek the laxest regulation (i.e. enforce tariffs for the difference in cost).
If we do not care enough about the regulation to have a tariff, then the regulation should not exist. Then you've confused cause for effect. Economic freedom is a driving force ,not a consequence, of investment. You're solution amounts to imprisoning or punishing companies for pursuing their economic interests. Tariffs don't work. If you want a recent example, tariffs didn't get Trump what he wanted with China. Free trade is going to happen whether you like it or not. Imposing tariffs only creates a greater incentive not to do business in the United States, get out of an industry entirely, or to participate in a black market. >Lol, what is this even? I'll bite though. Regulations are naturally occurring insofar as any other human invention is naturally occurring. All laws are regulations on behavior, and all laws are wishful. There is still murder even though we have laws against shooting people. For me, at least, that is not a reason to do away with laws, but to each their own. I never said one should do away with laws. There are well-written laws and laws that should have never have been composed. Almost all regulations interfere with the exercise of one's rights even if there is no victim involved. They are simply blunt instruments of the government to exercise at its whim. And the comparison between trade policy and murder is laughable. No one's rights are being taken away when a company chooses to trade/build in another country with full consent and acknowledgement. The same cannot be said for murder. |
Yes, I am so glad you understand. When 'economic interests' of a business run counter to 'societal interests' because of trivialities like pollution or contamination of infant formula leading to death, then society, using government, enacts regulations so that the harmful action is no longer in the 'economic interest' of the business because if the business takes that action then they will be punished.
>No one's rights are being taken away when a company chooses to trade/build in another country
That depends heavily on that country's stance on human rights.