28 votes

Regulations are GOOD for business

BIG business that is.

Regulations are tools that big companies use to squeeze out their competition and to protect themselves from consumer backlash.

How?

1) Regulations restrict the number service providers in an industry by criminalizing those who cannot or will not comply.

-This helps assure that these companies get their price.

2) Regulations legalize certain amounts of harm that a company can cause a consumer.

-This makes it so that a consumer cannot bring a court action against a company who has harmed them so long as the harm complies with the regulations.

-Government argues that companies must be able to harm the consumer in order to have a robust economy, because a purely free market would be too restrictive.

A Free Society has the strictest regulations because all who initiate harm are fully liable to those they harm.

Without regulations, ANY INDIVIDUAL could bring an action against any company for any harm suffered.

Unfortunately, under our current system, our courts are controlled by the government and are mandated to comply with statutes and regulations, and are compelled to dismiss those actions whos basis are harms caused by actions that are sanctioned by government regulations.

The individual has not only been stripped of liberty, he has also lost his ability to hold those who harm him accountable. I find this fascist system repugnant.
---------------------------------

I want to achieve individual liberty in my lifetime. If anyone has any projects they want to collaborate on or thoughts they want to discuss, send them my way.

We CAN innovate our way out of this mess!

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Regulation is VERY GOOD for business.

Limited liability did not exist in common law.

A perfect example, Monsatan

They own most senators, and congressmen.

They learned to play the USDA, FDA, and EPA like the three stooges. In the past 20 years their decision on GMO's are 100% based on money and politics, and nothing to do with science.

Maybe there will be enough interest in the subject in another 10 years when all the bees are dead, and the cancer rates rises another 100%. After all the scientist in the EPA did try to warn us, that we are being poisoned.

Gold standard: because man can not be trusted to control his greed

I Have A Question

How many cable internet/television providers are in your area? If I had to guess, I'd guess you have only one. Thanks regulations.

The Treubig Show on Daily Paul Radio
www.treubigshow.com
*NEW* Spread Liberty with our free speech!
www.freespeech.fm

Regulatory Capture

Regulatory capture is a form of political corruption that occurs when a regulatory agency, created to act in the public interest, instead advances the commercial or special concerns of interest groups that dominate the industry or sector it is charged with regulating.

http://en.wikipedia.org/wiki/Regulatory_capture

A mission of Gov't

It appears to me that Regulatory Capture is mission of Gov't. While it is not explicitly stated, it is difficult to find a Regulation that has not been captured.

Yes!

It sure seems that way to me.
I would say its the goal of government to control and extract the wealth of the society it occupies.

Please, keep me in the loop with any projects you are working on. I can help out any way I can.

The Commerce Clause

The WORST regulation of all time.

It is what allows the Feds to poke their nose into everything that can be associated with trading things of value. Which is EVERYTHING.

Bet 99.9999999% of all laws in the US find their roots in the Commerce Clause. Less than 1% find their roots in Art 1 sec 8.

PS - Saw your invitation to collaborate on Liberty. I have some ideas that I'm putting together that involve Liberty through Innovation. You've used that word innovate a couple of times as well which gave me some ideas. Think you and others may like them. Contact you soon.

Too Inefficient

That's what the statists I know say when I explain that, absent governmental regulation, individuals could bring action against companies doing harm.

___________________________________________________________________________
"Bipartisan: both parties acting in concert to put both of their hands in your pocket."-Rothbard