Post
Topic
Board Economics
Re: Let's get rid of all regulations, what can possibly go wrong
by
robattfield
on 08/07/2023, 16:27:58 UTC
...This should be a cautionary tale to people who dream about society without government and its regulations. Imagine if someone makes an "experimental and innovative" nuclear reactor that explodes and gives radiation sickness + cancer to hundreds of thousands. Or someone makes an "experimental and innovative" dam that collapses and floods houses. Invisible hand of the market won't be able to undo the damage or prevent it in the future from repeating again.
Yes, similar to the problem today, people are always demanding rights and freedom in life and complain about their government's oppression, but they really don't understand that the government is always the place to calculate how a better society, a country without a well-functioning system the people will suffer, and there are many examples of such countries that I do not want to name. Even the fact that organizations connect across borders to have common regulations, honestly there are legal stories that are not satisfactory in life, but it is only a few, because not all of us are equal. Are you aiming for the common good of society? I think if any of us are high in the sharing of peace, everything will always be in the balance of yes, a happiness that I consider absolute in life.