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Or Liberals believe that regulation tainted by economic forces is preferable to a free market in a society that already allows corporations to essentially ignor
by modfodder 12y ago
Or Liberals believe that regulation tainted by economic forces is preferable to a free market in a society that already allows corporations to essentially ignore regulation by paying minuscule fines that pale in comparison to their daily profit. If consumers haven't already moved on from these corporations then maybe regulation is our only protection.
The idea that deregulation would suddenly allow good citizen corporations to destroy evil actors is laughable in most circumstances.
- fubarred 12y agoEconomic and environmental collapse is the frequent Tragedy of the Commons consequence of unregulated human activity (markets)... Cannery Row, Easter Island, Silphium, Raphus cucullatus, extinction of N. American megafauna. In other words, regulation is a necessary "evil" to make unsustainable behavior illegal.
- modfodder 12y agoBut is the behavior really unsustainable when it's a company with the size and power of Wal-Mart?