Comment by ImPostingOnHN
7 months ago
Regulations aren't all designed to help specific businesses. Some regulations are designed for society's well-being.
7 months ago
Regulations aren't all designed to help specific businesses. Some regulations are designed for society's well-being.
Some regulations are designed to satisfy ideological whims of the legislature, and they don't benefit society at all.
Then society should gladly finance their entire cost.
The cost addressed by regulation is the cost on society of the unregulated behavior.
An alternative might be, no regulation, but businesses are responsible for the costs of business to society (pollution, poor mental health, potential that it's a scam). After all, businesses benefit from these things, so they should gladly cover their cost to society.
Personally, I prefer less pollution.