Message from @faultfiction

Discord ID: 685456352524501016


2020-03-06 11:50:27 UTC  

we're talking about regulation to protect a free and open market

2020-03-06 11:50:47 UTC  

thats all thats needed

2020-03-06 11:50:51 UTC  

Yes the same regulations that corporations benefit from for their advantage right? Cos we do have anti trust laws

2020-03-06 11:51:15 UTC  

and yet they exist

2020-03-06 11:51:56 UTC  

how could you benefit from a regulation that keeps a free market (i/e just makes sure that consumers can always have the freedom to choose)

2020-03-06 11:52:39 UTC  

depends on how you define that regulation

2020-03-06 11:53:02 UTC  

because that will define the freedom of the market

2020-03-06 11:53:13 UTC  

My point is corruption and human error would equally affect a market with no regulation so it's not a valid criticism.

2020-03-06 11:53:50 UTC  

Im saying the free market should have regulations to protect it and youre saying it might benefit big corps... well .. if their product is good it will....
its like me saying "we should have laws to protect free speech" .. and youre saying, but what if they make a law to restrict speech...??

2020-03-06 11:54:02 UTC  

so regulation or not, corruption will exist and find a way.

2020-03-06 11:55:15 UTC  

so if their products is good and they become larger, they will hinder the principles of free markets by killing competition

2020-03-06 11:55:28 UTC  

More importantly it's far easier to exploit a market with no regs. How would you solve problem like a cabal of energy companies charging extortionate prices, whilst they are also buying up all their prospective competitors without regulation, or would we all simply be expected to have to pay insanely high prices for gas water and electricity?

2020-03-06 11:56:04 UTC  

no they wont fault... as long as the customers can still find other products just as easy

2020-03-06 11:56:19 UTC  

and if they don't or wont want to

2020-03-06 11:56:47 UTC  

if their product is bad, then yeah.. it will be clear

2020-03-06 11:57:01 UTC  

if businesses are hindering access, then it wont be clear

2020-03-06 11:57:06 UTC  

no im saying they don't want any other products and are happy with it despite it killing competition

2020-03-06 11:57:42 UTC  

so in an unregulated market, bad products will stay around longer, because they think their product is good, but its just not getting access to people to test it.

2020-03-06 11:58:28 UTC  

so your basis for the principle here is that as long as it's tested by other people it clears the definiton for the free market principle

2020-03-06 11:58:37 UTC  

in a free market they will know that consumers have made an informed decision to go with another company

2020-03-06 11:58:49 UTC  

why do you think people would make informed choices?

2020-03-06 11:58:58 UTC  

some people just buy products because of the packaging

2020-03-06 11:59:19 UTC  

some will...

2020-03-06 11:59:21 UTC  

you're trying to generalise a subjective opinion into the market principle

2020-03-06 11:59:36 UTC  

as a means for testing it's value

2020-03-06 11:59:44 UTC  

is the government going to make better decisions on behalf of the people

2020-03-06 11:59:54 UTC  

markets bad, reintroduce palace economy

2020-03-06 12:00:00 UTC  

the government has no decision to make

2020-03-06 12:00:03 UTC  

the principle there is that since it's the people making that choice it should follow that

2020-03-06 12:01:00 UTC  

either people make the choice or government does

2020-03-06 12:01:26 UTC  

people delegate with their votes, now the mechanism and the operation is a different issue

2020-03-06 12:01:39 UTC  

really... so if the government says "we will not restrict your speech" .. thats the government telling you what to say?

2020-03-06 12:02:07 UTC  

if the government says we will not restrict your speech what do you think that means

2020-03-06 12:02:36 UTC  

if the gov says "we will protect your right to say whatever you want" .. thats the government making the decision on the words that will come out of your mouth?

2020-03-06 12:02:52 UTC  

do you want the right to say whatever you want?

2020-03-06 12:03:20 UTC  

the government doesnt make the decision... its making sure you can make it

2020-03-06 12:04:00 UTC  

The goverment provides the protection and the legislation for you to be able to do that

2020-03-06 12:04:10 UTC  

in theory at least

2020-03-06 12:05:08 UTC  

its not going to protect you when your speech gets you punched but it gives you the means to use your rights as is legislated to get the compensation in whatever form is provided

2020-03-06 12:05:40 UTC  

I think people are sometimes stupid but we should be free to make stupid choices, there's no such thing as benevolent tyranny

2020-03-06 12:05:49 UTC  

well technically there are other laws that are supposed to protect you from getting punched...