Tuesday, August 16, 2011
Can a liberal please explain wanting more regulations on businesses for me?
It's not just about creating more regulation it's about creating a sustainable system. And granted they need to enforce the existing regulations. It's not that there are too many regulations as there are too many incompetent and / or corrupt regulators. By tearing down all of the walls of regulation and allowing countless entities to merge you end up with many monopolies which drives out competition and increases costs to consumers. While this may be strictly capitalistic it may not be sustainable. When enough businesses merge and or go offshore for cheaper labor costs this makes it harder for the small business to compete with a company using this outsourced labor and match there prices and when these companies go under, merge, or go offshore the economy suffers from less jobs being created or available. And most of the wealth is made up by consumer spending. Most of the regulations people are talking about is an attempt to allow a level playing field for new entrepreneur's to come into the market, stem off-shoring, and attempt to buffer merger's creating stifling monopolies. These are the same protections that they put in after the great depression due to lessens learned that have slowly been repealed over the last few decades. It's not about government ownership but a market that is sustainable, not always bubble and burst for the short term gain over the long term stability and profitability, and provides a level playing field for others wanting to start a capitalistic venture.
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