• Zorque@lemmy.world
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    5 hours ago

    Because if you dont have some kind of regulation it ends up being about market forces, which has even less to do with the will of the people and more to do with what makes a very few people rich.

    The main issue with government intervention isnt that “government bad”, it’s that those same few rich people have more influence on it than the will of the people. In a large part because those people would rather cede that power to them rather than make any kind of rational decision.

    Its good that green energy is benefiting from market forces right now… but it’s a fair weather friend, and as soon as something else is more likely to make some rich asshole more money, it will be tossed back in the junk heap to rot.

    • HiTekRedNek@lemmy.world
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      5 hours ago

      Without the people buying things, those rich don’t exist. All regulations really do is line the pockets of the already existing companies and make it harder for the small guy working out of his garage.

      People have forgotten that the wallet is the most powerful way to vote. Don’t buy their product and they won’t make any money.

      • Soggy@lemmy.world
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        2 hours ago

        All regulations really do is line the pockets of the already existing companies and make it harder for the small guy working out of his garage.

        And protect the environment from wanton pollution and destruction, and provide workers with guarantees against their employer, and keep needlessly dangerous products from hurting customers, and…

      • Zorque@lemmy.world
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        3 hours ago

        And without those rich people making them, they have nothing to buy. They dont just magically appear for people to buy. That is a misconception (or misdirection, rather) with how consumer action works. You cant take action if the rich dont let you in those situations.

        The wallet is only as powerful as the people who run your economy, and generally less so.

      • Equinox1289@sh.itjust.works
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        4 hours ago

        Personally, I find regulations to be a bandaid over a legitimate problem: shareholder misalignment. Really, companies should only ever be consumer and worker coöps since those are the direct stakeholders and the reason businesses exist in the first place. Shareholders aren’t needed and only serve as a form of parasitic wealth extraction that feeds capital accural, cartel formation, and monopolization.

        • AA5B@lemmy.world
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          4 minutes ago

          But you’re missing externalities. A huge reason we need better regulation is the tendency of corporations to externalize their costs to all of our detriment.

          Climate and pollutions issues are a prime example. In a free market A corporations saves money by evading cleanup costs, polluting, and the rest of us pay. A justly regulated market minimizes those externalities so the corporations covers all its costs

        • Soggy@lemmy.world
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          2 hours ago

          Even a perfect utopian co-op needs regulations beacuse most people don’t know anything about environmental impact or proper safety precautions.

          • Omgpwnies@lemmy.world
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            2 minutes ago

            Any work I do on my house I do to code (and I do look it up when starting a new project). The previous owner… not so much - I found newspaper wrapped around electrical junction boxes, because wires never get hot enough to light old, super dry newspaper on fire…