Comment on YSK: Regulations don't exist because governments like them...

toadjones79@lemm.ee ⁨6⁩ ⁨days⁩ ago

Bleach, actually. A small amount of bleach added to spoiled milk makes it taste brand new. The government actually suggested this in a few countries for a while.

Plaster in flour was common enough that after the miller, the middle men, and then the baker all added a cut, there were loaves being sold with less than 20% flour in them. The result was mass malnutrition.

Also, and this is a spicy one but backed by basic economics, regulations are a required element to capitalism. The notion that deregulation is pro capitalism is a misinterpretation of the idea that markets are self regulating. A free market is one that is free of corruption and unfair business practices. Which cannot exist without regulations and the enforcement of those regulations. All our current economic woes are the result of straying away from proven economic theory (mostly deregulation) to the right allowing the corruption of the marketplace and emergence of a strong oligarchy.

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