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by jpalawaga
974 days ago
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Regulation is a response to bad behaviour, not the cause of it. We started with a free market. People acted poorly. In came regulation. Specifically: regulation that was not imposed on us as society, but of our own choosing. Not to say that regulation can't cause issues of it's own. But regulation (believe it or not) is there for a reason, even if imperfect. Actually, it's quite telling that you confused 'free market' with 'fair game'. Who says a free market is a fair market? Free market doesn't mean fair, it means free. Free to exploit people, to act monopolistically, to abuse your market power and inflict pain. It does not mean fair. |
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Regulation is a means to an end. Sometimes the goal is to curb some bad behavior. Sometimes the goal is to give the appearance of doing something (like looking tough on crime). Sometimes the goal is fundamentally corrupt, such as the bans of municipal fiber networks pushed through by incumbent ISPs. Sometimes the regulations even mostly achieve their goal without much in the way of unintended consequences. But it's certainly not as simple as regulations are always an effective response to bad behavior that do not themselves cause bad behavior.