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0 pointsASalazarMX6y ago0 comments

they're not incompatible: All industries have to be regulated, because they are made to make money, not to regulate themselves. When the regulator is not doing their job properly, there's the uproar.

TL;DR: Government should regulate industries, but it should do it for the greater good or people will complain.

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scarface746y ago

Yes and industries only make money if they get customers to give it to them. The government should step in to counter negative externalities.

For example was different phone manufacturers using different cables really enough of a negative externality for the EU to step in?

ASalazarMXOP6y ago

> Yes and industries only make money if they get customers to give it to them.

That only works if you have choices that aren't just the same megacorporation with different names. In reality, most people have less voting power in their wallets than it appears.

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