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this post was submitted on 04 Aug 2024
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I'm still baffled by how 'deregulation' isn't an extremely alarming word, not just in the current year or era, but overall.
Not to mention that in the current context only rich people want deregulation & it's clear why (to pollute more, hurt workers through wages and work conditions more, pay less taxes, and to be able to deal with competitors as they wish with monopoly being the actively pursued goal).
The chances of over-regulation hurting the people are really small.
Over- or under- regulation isn't the same as good or bad regulation. You can have good and bad regulations both in the sense of standards and methodology, as well as in the sense of bad implementation.
Fuck consumers workers and the environment, more PROFITS baby!!
For some reason Republicans can't see that regulations tend to happen when companies fail to act responsibly in favor of profits.
Deregulation of financial markets caused the financial crisis, because the markets exploited it for new "tricks", that were irresponsible.
Deregulation of consumer protections clearly harm consumers, and the same with environment.
There are also standards regulations that stimulate competition, and greatly increase industry efficiency.
Those morons hate regulations, but refuse to by foreign stuff because it "isn't as safe and well made as American made"...you know, where we have tons of regulations....
LOL that's a good point. Such a double standard.
Not just that, they is an underlying racist bias to that. That Asian made products from overseas are cheap because they care less or have less pride in their work than American made. They think that we as Americans for some reason have a greater baseline pride that permeates through everything made here.
We have regulations because, spoiler, things used to be unregulated and they fucked up enough people demanded the government set some fucking rules.
The regulations weren't in the founding documents of the country. They came to be as the industries started exploiting and killing people.
Yes, lets let companies deregulate. Boar's Head is only killing a few people with listeria, imagine the hundreds they'd kill with fewer regulations.