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this post was submitted on 20 Apr 2024
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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?
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.
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.
taxes and the immense burden of regulatory compliance