Regulations are GOOD for businessSubmitted by Absolute Rights on Mon, 04/21/2014 - 13:43
BIG business that is.
Regulations are tools that big companies use to squeeze out their competition and to protect themselves from consumer backlash.
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!