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But what you said makes fantastic rhetoric for deregulation because it would work magnificently in fantasy land.
You mean in the "fantasy land" of freedom as opposed to the "fantasy land" of oppression, threat, fraud, and government extortion.
Every "system" ever created by "planners" serves the interests of the "planners" and not human freedom.
Would a real free market be perfect? Absolutely not. Is our current government/business collusion perfect? Nope. I would rather be the "victim" of freedom than the victim of "regulation".
You mean in the "fantasy land" of freedom as opposed to the "fantasy land" of oppression, threat, fraud, and government extortion.
Every "system" ever created by "planners" serves the interests of the "planners" and not human freedom.
Would a real free market be perfect? Absolutely not. Is our current government/business collusion perfect? Nope. I would rather be the "victim" of freedom than the victim of "regulation".
As I noted, you're completely ignoring negative externalities which is why all your posting is a big fantasy. I'm going to ignore your rhetoric regarding freedom.
If a corporation has a rig in the middle of the Ocean, the rig explodes and it damages the economy of an area, who is supposed to handle the cost of cleaning up that company's mistake?
There would obviously need to be a certain amount of regulation (otherwise, in a truly free market, child slaves would be one of many common side-effects), but not all "regulation" is equal.
Some regulations are designed to raise the cost of entry into a particular business. Some are more reasonable.
Ideally, we'd have much more selective and effective regulations.
The problem, of course, is that laws in America are written by lobbyists. And lobbyists are by definition partisans to their particular cause.
You are talking about an actual liability by an actual company. "Regulations" are treatment of all businesses as guilty of theoretical future crimes. There is no relationship between actual liability of particular actors and wide-spread guilt by association of possible future crimes. "Innocent until proven guilty anyone?"
You are talking about an actual liability by an actual company. "Regulations" are treatment of all businesses as guilty of theoretical future crimes. There is no relationship between actual liability of particular actors and wide-spread guilt by association of possible future crimes. "Innocent until proven guilty anyone?"
How about you answer my question.
Regulations are an attempt to prevent externalities from coming to a head.
If you have a different plan that's cool, but how about you actually post it and cut the rhetoric already? I mean if they were taken to court, and everyone sued the corporations involved for damages, would you be okay with that? How should the cleanup effort be handled/funded/managed?
How should we either fine or prevent corporations from causing negative externalities?
Regulations are an attempt to prevent externalities from coming to a head.
If you have a different plan that's cool, but how about you actually post it and cut the rhetoric already?
How should we either fine or prevent corporations from causing negative externalities?
Huh? Don't we have criminal and civil courts already? If I cause damage to you, don't you have the ability to take me to civil court? What is special about corporations that they can be deemed guilty prior to any actual damage caused?
Though I do believe that "corporations" are fictional entities that should not have any "rights" beyond those of its human owners.
Though I do believe that "corporations" are fictional entities that should not have any "rights" beyond those of its human owners.
Agreed.
But that's going to happen never, so good luck.
Also you seem to think that negative externalities can be handled via the courts, some people might disagree. You're also going to have to create additional laws (you seem to feel laws and regulations are completely different) in order to actually handle that.
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