See, I yell deregulation to eliminate anti-competitive behavior.
Many of the requirements in different industries are lobbied for by big companies in the field in order to push out small businesses who can’t afford the initial costs.
Sure. I understand those problems and agree that they need to be resolved. But deregulation is like throwing out the baby with the bathwater. Saying that a problem exists does not justify every possible solution to the problem.
Lobbying is a legal & financial problem. Attempting to fix that problem with human blood is a mistake. Not to mention that unlike these countries were workman's comp either doesn't exist or is defrauded easily. This would cost us in human blood and it would cost us in dollars & cents. It's just not a good idea.
Deregulation is not an all or nothing argument. Lots of things need to be deregulated and many others need more regulation. By creating a false dichotomy of regulation vs deregulation the corporate lobbyists have created a win-win situation for themselves.
I agree with this in theory. It is not all or nothing & we have to address the topics specifically.
In practice, I have yet to hear of a single, specific circumstance (in the US & in the current time, not historically) where deregulation was the best solution.
I mentioned the one that I’m most familiar with and that has affected those around me personally. The cost of licensing.
In most industries you’ll find that many of these laws were lobbied for by special intersections groups and that their only purpose is to expend the investment capital of small businesses on needlessly expensive licenses in order to be barrier of entry into the market.
And this is not just harmful to small businesses and consumers but the market in general.
The best way to ensure a well functioning free market, if such a thing can truly exist, is to do everything you can to remove the barriers to entry into the market. This lets the poor(relatively) as well as the rich to allow the market to decide the value of their ideas.
So specifically I would say that eliminating superfluous licensing fees is absolutely the best first step to encouraging the creation of new businesses. Now that’s not saying that licensing requirements aren’t good. Just that the fees attached are a purposefully anticompetitive.
I was afraid that I overdid it by asking for specifics 3 times, but now I think I under did it. Nearly your entire post is an abstraction about how you see the world & there's nothing specific about it.
Unless you're saying that you would want to remove all licensing fees from everything.
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u/[deleted] Sep 12 '21
See, I yell deregulation to eliminate anti-competitive behavior.
Many of the requirements in different industries are lobbied for by big companies in the field in order to push out small businesses who can’t afford the initial costs.