1535
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Oct 2024
1535 points (98.6% liked)
People Twitter
5145 readers
500 users here now
People tweeting stuff. We allow tweets from anyone.
RULES:
- Mark NSFW content.
- No doxxing people.
- Must be a tweet or similar
- No bullying or international politcs
- Be excellent to each other.
founded 1 year ago
MODERATORS
If regulation was bad for the poor and good for the rich the rich and large corporations wouldn't try so hard to get rid of regulation.
They're not trying to get rid of regulation though; they're trying to make sure that the regulation is in their favor. That's what regulatory capture is. They're going to be fine with regulations that help cement their place in society.
Regulatory capture is certainly a thing but all that "small government" and "too much red tape" rhetoric free market parties have been spewing for decades is not that.