• CableMonster@lemmy.ml
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    6 months ago

    Regulations help to protect large corporations from competition, and then the larger the government is the more contracts it gives out. Are you saying we need a bigger stronger government?

    • grte@lemmy.ca
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      6 months ago

      Regulations help protect people from corporations. This libertarian take is total nonsense. What makes competition difficult for new entrants is the overwhelming size of modern day multinational corporations and the capital investment required to wage any sort of real competition which is something that is only going to be fronted by other extremely wealthy interests. So, yes, we do need bigger, stronger governments in relation to those very powerful corporations, specifically strong enough to break them up. Or ideally nationalize them entirely.

      • John_McMurray@lemmy.world
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        6 months ago

        People who say stuff like this have never tried. You’ll never hear a person who actually starts a business say anything of the sort. Usually insane tax rates is their gripe.

      • CableMonster@lemmy.ml
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        6 months ago

        That is kind of true but it also protects corporations from small businesses. For example min wage harms small businesses much more than large corporations. You can like the “protection” but then you will get what you get with corporations and costs. If you opt for the bigger government then you will get things like unaffordable houses and inflation, so dont complain when you get what you asked for.

          • CableMonster@lemmy.ml
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            6 months ago

            It was a populous example and if you want to get into the weeds on it we could, but it wasnt the important part of the comment.

            I love how you guys claim that sort of economics is dumb as you cant afford a house and to feed yourselves. Modern monetary policy is working great!!

            • grte@lemmy.ca
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              6 months ago

              Our current economic situation is the product of decades of regulation cutting supply side (aka neoclassical) economics championed by the likes of Thatcher and Reagan, which still dominates today. You know where housing is not unaffordable? Vienna, Austria. A place where better than half the residents live in social housing. The product of a strong government and regulation.

              • CableMonster@lemmy.ml
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                6 months ago

                So your theory is that housing is so expensive because of less regulation? And if we had more regulations in how houses are built housing would be cheaper?

                • grte@lemmy.ca
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                  6 months ago

                  Yes, of course. Banning short term rentals for example is a regulation that would put downward pressure on housing prices. Banning investment companies such as Blackrock, Blackstone, etc from purchasing single family homes, duplexes, 4-plexes and the like would do the same. Whereas the lack of regulation around these things has contributed to home price inflation. The idea that people are unable to afford homes because there is too much regulation holds water like a sieve.

                  • CableMonster@lemmy.ml
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                    6 months ago

                    That is hillarious, I can tell you dont know anything about how housing built. Have a great day!

        • captainlezbian@lemmy.world
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          6 months ago

          Ok but without regulation you get poverty wages, 12 hour shifts, 6 day work weeks, and food with no nutrition unless you think lead is a vital mineral.

          • CableMonster@lemmy.ml
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            6 months ago

            This is not 1812 anymore. If it were like that why wouldnt you just work for yourself or an employer that treats you well?

            • DragonTypeWyvern@literature.cafe
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              6 months ago

              Lmao

              Just among so many other things, like the lead poisoned baby food from March this year, you clown, the FDA was established in 1906, and Republicans are, right now, trying to abolish child labor laws and hiring 12 year olds in meat packing plants.