Too much regulation?

[brycejones]

Universal healthcare doesn't mean you are socialist. A lot of countries have it but also a free market economy. You can slap any label on it. A lot of countries have universal healthcare and also total control over the rest of the economy and still call themselves socialist.

There is a big difference between a country that has universal healthcare + free markets + free press like Denmark, Canada, Japan vs those with universal healthcare + government control of your life like Cuba and Venezuela and the former USSR. You can't just lump them all together and call them socialist economies. Hell you could just as easily say Denmark is democratic capitalism.

Preaching to the choir.

 

[UglyCasanova]

But in fairness you probably prefer the good ol' days before any regs when banks failed regularly.

The quote you use doesn't say the financial industry self regulates, it says the regulation is a failure because the big banks write the rules. The vast, vast majority of banks are beholden to the top 3 or 4.

Find me a quote of mine where I said we don't need regulation. You're making the accusation, so you provide the proof.

 

[agent00f]

The quote you use doesn't say the financial industry self regulates, it says the regulation is a failure because the big banks write the rules. The vast, vast majority of banks are beholden to the top 3 or 4.

Find me a quote of mine where I said we don't need regulation. You're making the accusation, so you provide the proof.

Seems pretty obvious that the major players writing their own rules is self-regulating by definition. Since you're not so good with the thinking, I'll also have to point out that whining about whatever regs is a pretty sure sign you don't like them.

 

[theeedude]

I was listening to a prominent conservative thinker yesterday and he was advocating universal basic income. His thinking was along the lines of government gives everyone a fixed small amount (~$10K per year in exchange for getting out of people's lives not having to manage each individual problem and creating screwed up incentives that other transfer programs create. Which I could get along with.
People need to stop being absolutist. There are good regulations and there are bad regulations. Just like everything else. If someone reflexively tells you they are against regulations, before reading the specific ones, then they are an idiot.

 

[Sheik Yerbouti]

<snip>It's an open link for me.

"It's not happening on my system"
Mighty fine troubleshooting there sparky.

 

[dainthomas]

Regulation bad?
Hmmm why don't we ask Manhattan circa 1973

You're right, it's not worth the expense. 🙄

You can almost smell the unhindered the free market!