Comment on YSK: Regulations don't exist because governments like them...
LustyArgonianMana@lemmy.world 2 weeks agoAlso, and this is a spicy one but backed by basic economics, regulations are a required element to capitalism
Indeed the free market itself has demanded regulations. This is a free market, it has regulations because it is what was needed.
toadjones79@lemm.ee 1 week ago
Or, they balance the benefits of corrupt practices with equally detrimental (to the corrupt entity) costs. Making them less profitable than fair trade.