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Sure, I'll take my $20,000 and hire a lawyer, while the factory owner is willing to spend as much money as it takes to run me out of the courthouse when I am out of money.
Sadly the company's lawyers would bury you in discovery documents and frivolous motions intended to bleed you dry long before it even gets in front of a judge.
Individuals have essentially no recourse to stop a large polluter - especially - when it is profitable for them to continue the pollution unless all transaction costs on both sides are removed, which doesn't exist in the real world. I did my master's thesis on the Coase theorem in behavioral economics so this is a topic dear to my heart.
Yet weirdly when the pandemic hit the Government went straight for what was essentially a UBI payment when mass unemployment hit the fan followed by massive industry bailouts. Now round 2 is on the horizon. Funny how essentially socialist concepts are trotted out as a solution whenever the free market falls flat. And then once things normalize we go back to this bootstrap fantasy of hard work and individual effort as the sole catalyst for personal and corporate success.
Funny how that "essentially UBI" has added $6 Trillion to the debt in a matter of months. The only way governments can have the resources to do these emergency bailouts is on the back of a successful productive free market.
Funny how that "essentially UBI" has added $6 Trillion to the debt in a matter of months. The only way governments can have the resources to do these emergency bailouts is on the back of a successful productive free market.
The only problem is the money for the bailouts isn't coming from dipping into some vast pool of available corporate tax dollars but from the willingness of banks to keep buying up treasury bonds or taking loans to buy them and the Fed to keep issuing the bonds and loans under a basically unlimited debt ceiling. The entire mess is being held up by a collective global willingness to view US debt (and, by extension, currency) as still having some economic value.
The only problem is the money for the bailouts isn't coming from dipping into some vast pool of available corporate tax dollars but from the willingness of banks to keep buying up treasury bonds or taking loans to buy them and the Fed to keep issuing the bonds and loans under a basically unlimited debt ceiling. The entire mess is being held up by a collective global willingness to view US debt (and, by extension, currency) as still having some economic value.
That may be true but those banks wouldn't have such willingness to buy up bonds if we didn't at least have the potential for a strong free market economy. If banks would feel more secure with a high tax high benefit socialist system they have plenty of other places to go. To paraphrase Churchill, the US is the worst place to park your money, except for all the others.
That's the funniest piece of stupidity I've seen in a long time. You are completely and utterly clueless on this topic.
Use the judicial system to stop large factories from polluting? Sure, I'll take my $20,000 and hire a lawyer, while the factory owner is willing to spend as much money as it takes to run me out of the courthouse when I am out of money. Or, the pollution is caused by some organized crime guys dumping toxic chemicals in the middle of the night somewhere. Or, the company responsible for the pollution goes bankrupt, and there's no money to clean up their mess.
Absent the FDA, we would have multiple thalidomide situations yearly. Without food regulations, we would have people dying or being injured by food issues.
You are very strong with assertions, claims, and declarations. But very weak with reasoning or evidence. People are good and do not want to cause harm. Where it can be proven they do, there are criminal and civil avenues of recourse. We don’t need bureaucratic busybodies getting in the way of freedom and individual rights. Get rid of the EPA, get rid of environmentalist hacks with arbitrary power. Get rid of them. Have a better and more productive and free country.
Guys, let’s stop with this UBI nonsense. It’s another socialist utopian pipe dream that is never going to happen. So put your little bootstraps on and start pulling them up. Because you’re getting nothing! Unless you bring some value and trade for it.
That would be the long and short of it.
Quote:
Originally Posted by mkpunk
The judicial system can handle any issues through the process of civil action, really. Hate to break it to you but you live in uptopia, we live in the real world. Regulations are needed. Without them courts will throw out lawsuits related to safety cuts for profits or externalities of profit for being frivolous.
You're wrong, actually.
Case in point (no pun intended), courts were already ruling on issues like worker safety, worker's compensation, fair labor standards, etc etc etc.
I'm absolutely certain you know zero about English Common Law and the Master-Servant Doctrines.
The existence of the EPA did not stop a chemical plant in Pittsburgh from releasing Carbon Tetrachloride (CCl4) into the Allegheny River which empties into the Ohio River.
CCl4 is a dry-cleaning solvent, but it's also a known organic carcinogen.
The existence of the EPA didn't stop the States of Ohio and Indiana and the Commonwealth of Kentucky from suing the Commonwealth of Pennsylvania or the City of Pittsburgh or the chemical company in federal court for damages, since the water intake valves had to be shut off until the chemical passed through and businesses and private persons suffered damages as a result.
What did the EPA do? Jumped on the bandwagon of course. Anyway, the point is you don't need a federal EPA.
Each State/Commonwealth has their own EPA and that's sufficient.
Yet weirdly when the pandemic hit the Government went straight for what was essentially a UBI payment when mass unemployment hit the fan followed by massive industry bailouts. Now round 2 is on the horizon. Funny how essentially socialist concepts are trotted out as a solution whenever the free market falls flat. And then once things normalize we go back to this bootstrap fantasy of hard work and individual effort as the sole catalyst for personal and corporate success.
It's not a fantasy. It's happening every day in every way and the evidence is overwhelming, ostensive, and obvious. Hard work and good character yields success and wealth. Laziness, sloth, doing things out of order and before you can afford it, and demanding money from others yields losers, blamers, mooch-leeches, cheats, and whiners.
And no, the one time emergency stimulus payment was not UBI. It was just a one-off mistake. UBI would be an utter disaster, because it institutionalizes bad character and theft from those who earn for the undeserved benefit of those who don't. It will not be happening on my watch.
Yet weirdly when the pandemic hit the Government went straight for what was essentially a UBI payment when mass unemployment hit the fan followed by massive industry bailouts. Now round 2 is on the horizon. Funny how essentially socialist concepts are trotted out as a solution whenever the free market falls flat. And then once things normalize we go back to this bootstrap fantasy of hard work and individual effort as the sole catalyst for personal and corporate success.
The free market did not fall flat. That's a false narrative.
We don’t need bureaucratic busybodies getting in the way of freedom and individual rights.
Get rid of the EPA, get rid of environmentalist hacks with arbitrary power.
Get rid of them. Have a better and more productive and free country.
Because nothing done in the name of commerce has ever been detrimental to the
health & safety of employees or damaging to the air or water? Gotcha.
Why should some people work so that others can do nothing and still live? Why is that so hard for some people to understand?
(Of course, I am talking about adults who CAN work, and I am excluding seniors who are retired!)
It’s about like the employers cutting payroll instead of having a bunch of people paid for nothing in return. The real problem is that America doesn’t really know how to deal with its own unsustainable population.
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