Comment by mulmen
10 days ago
Regulation is not about knowing better than the market. It is about correcting harmful externalities that markets would not solve on their own.
10 days ago
Regulation is not about knowing better than the market. It is about correcting harmful externalities that markets would not solve on their own.
If disposing of my own shirt in a landfill I pay for is an "externality[y]" justifying state intervention, then every domain of life is subject to top down control. I don't want to live in a society in which resources are allocation in general by edict instead of the market.
Look it's not that hard. Is <problem> (in this case, pollution) a problem that needs solving? If the answer is yes, then it needs to be regulated even if you personally don't like laws. Sorry!
Why is <problem> a problem? Because you say so? If it's such a problem, why is it so cheap to do? What cost is unaccounted?
3 replies →
But why are you lying? It's not about you, no one is stopping you to go and throw everything you own in a landfill, this is about the companies that act environmental in their marketing, but then go ahead and destroy new and unused products.