You're welcome to disagree and be utterly wrong. Just as government run healthcare is now openly murdering citizens and is utterly unaccountable, just as public security (police) are supportive and tolerant of jihadist child rape, just as public schools are also supportive of child rape, just the public credit score systems are being manipulated to regulate ideology, just as the FBI is a political enforcement agency, just as the power companies in my state have denied me the right to appeal my bill for 5 years, just as the water utility is permitted to charge me for every year I didn't use it, just as the USPS doesn't have tell me or reimburse me for lost packages, just as Twitter would be exactly the same as it was under Vijaya. And that's the point of the utility : to be utterly unaccountable.
Regulation is a double-edged sword.
The only good regulations are the ones written in human blood. I'm okay with the fire code's max capacity for rooms because those are apolitical regulations that were crafted after hundreds of people were killed. That's the only way good regulations work, and they only happen sometimes.
Regulatory capture is the base premise of all regulation.
That said, 'no regulation' is also quite bad - as we saw in 2008 among other cases.
The 2008 crash was strictly regulated to happen as the government pushed and incentivized those loans to be made. The government itself, monopolizing the credit review system, falsified the evidence on how trusworthy the Mortgage Backed Securities were, despite the shorts actively calling it out in the first place. Then, of course, the government regulators made sure to protect the banks from being held accountable, and guaranteed their executives raises in the bail outs.
My favorite is how Universal Healthcare is strictly regulated so that doctors can be protected from their terrorist patients who aren't vaccinated.
And why do we need to regulate carbon emissions? Because we are the carbon emissions that need to be reduced.
You're welcome to disagree and be utterly wrong. Just as government run healthcare is now openly murdering citizens and is utterly unaccountable, just as public security (police) are supportive and tolerant of jihadist child rape, just as public schools are also supportive of child rape, just the public credit score systems are being manipulated to regulate ideology, just as the FBI is a political enforcement agency, just as the power companies in my state have denied me the right to appeal my bill for 5 years, just as the water utility is permitted to charge me for every year I didn't use it, just as the USPS doesn't have tell me or reimburse me for lost packages, just as Twitter would be exactly the same as it was under Vijaya. And that's the point of the utility: to be utterly unaccountable.
Regulation is a double-edged sword.
The only good regulations are the ones written in human blood. I'm okay with the fire code's max capacity for rooms because those are apolitical regulations that were crafted after hundreds of people were killed. That's the only way good regulations work, and they only happen sometimes.
Regulatory capture is the base premise of all regulation.
That said, 'no regulation' is also quite bad - as we saw in 2008 among other cases.
The 2008 crash was strictly regulated to happen as the government pushed and incentivized those loans to be made. The government itself, monopolizing the credit review system, falsified the evidence on how trusworthy the Mortgage Backed Securities were, despite the shorts actively calling it out in the first place. Then, of course, the government regulators made sure to protect the banks from being held accountable, and guaranteed their executives raises in the bail outs.
My favorite is how Universal Healthcare is strictly regulated so that doctors can be protected from their terrorist patients who aren't vaccinated.
And why do we need to regulate carbon emissions? Because we are the carbon emissions that need to be reduced.