View Poll Results: Which regulations should be put in place

Voters
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  • All regulation is good, the government should completely control the economy

    0 0%
  • Minimum wage

    10 28.57%
  • Labor condition laws

    23 65.71%
  • Product safety laws

    23 65.71%
  • Antitrust laws

    21 60.00%
  • Copyright laws

    24 68.57%
  • Environmental protection

    24 68.57%
  • Tariffs and other import/export regulations

    14 40.00%
  • Incorporation restrictions

    9 25.71%
  • None of the above

    8 22.86%
Multiple Choice Poll.
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Thread: Which market regulations are beneficial/necessary?

  1. #21
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    Re: Which market regulations are beneficial/necessary?

    Quote Originally Posted by Kandahar View Post
    I voted for everything except the minimum wage and tariffs / trade barriers. Most of the things listed are necessary, because they either protect the public (e.g. environmental laws, safety laws) or they prevent economic inefficiencies (e.g. copyright laws, antitrust laws). But the minimum wage and tariffs are just gratuitous meddling in the market, and the government should not be involved.

    I wasn't really sure what you meant by "incorporation restrictions." Do you mean zoning restrictions, where you can't open a business in a residential area? If so, I support that.
    Haha. You pretty much duplicated my post. Bravo!
    "All mankind is of one author, and is one volume; when one man dies, one chapter is not torn out of the book, but translated into a better language...No man is an island, entire of itself...any man's death diminishes me, because I am involved in mankind; and therefore never send to know for whom the bell tolls; it tolls for thee." - John Donne

  2. #22
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    Re: Which market regulations are beneficial/necessary?

    Quote Originally Posted by DrunkenAsparagus View Post
    I realize that the market doesn't work perfectly. Neither does the government. The government rarely concedes power once it's put in place. It usually creates more problems when it triesto solve something.
    None of this rather abstract commentary changes or alters the fact that the government is an integral agent in the capitalist economy, for the reasons that I mentioned above.

    Quote Originally Posted by DrunkenAsparagus View Post
    Also, it's probably a matter of me not seeing your response, but why exactly wouldn't a worker owned factory succeed if it's so much more efficent?
    Again, market concentration. The superior resources of established firms allow them to drive out smaller firms that are newer to the exchange market, even if they utilize their own meager resources more efficiently. The established firms will also engage in tactics such as underselling.

  3. #23
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    Re: Which market regulations are beneficial/necessary?

    Quote Originally Posted by Agnapostate View Post
    None of this rather abstract commentary changes or alters the fact that the government is an integral agent in the capitalist economy, for the reasons that I mentioned above.

    Yes, and I never denied that. That doesn't mean that everything they touch turns to gold. What you said about the market is true, it's not perfect. Neither is government action. At least the free market offers one far more choices, choices are voluntary, and it's more flexible than the government.

    Again, market concentration. The superior resources of established firms allow them to drive out smaller firms that are newer to the exchange market, even if they utilize their own meager resources more efficiently. The established firms will also engage in tactics such as underselling.
    Yes, it's hard to get into the business of anything. It helps weed out the weaklings that can't use their resources as efficently as others. However, most businesses are small. They are at least as big a part of the economy as large firms

    http://www.nfib.com/Portals/0/PDF/he...Fact-Sheet.pdf

  4. #24
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    Re: Which market regulations are beneficial/necessary?

    Quote Originally Posted by DrunkenAsparagus View Post
    Yes, it's hard to get into the business of anything. It helps weed out the weaklings that can't use their resources as efficently as others.
    No, it doesn't. There's a sharp distinction between efficient resource allocation and mere greater access to more expansive resources that permits for any manner of allocation.

    Quote Originally Posted by DrunkenAsparagus View Post
    However, most businesses are small. They are at least as big a part of the economy as large firms

    http://www.nfib.com/Portals/0/PDF/he...Fact-Sheet.pdf
    I'm not merely referring to small businesses in general (and do you realize how many small businesses fail?); I'm specifically referring to the problems that will confront worker-owned enterprises and labor cooperatives in whatever sectors they emerge in, including negative externalities generated not only by local competitors but by capitalist economic structure in general.

  5. #25
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    Re: Which market regulations are beneficial/necessary?

    I'm aware that many new enterprises fail. Start up costs are very high. I also pointed out how this helps weed out reletive weaklings. These are inevitable. Big government also creates a lot of problems for businesses.

    I'm leaving now, I'll be back tommarow. Good evening

  6. #26
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    Re: Which market regulations are beneficial/necessary?

    Quote Originally Posted by Dav View Post
    Which regulations should be put in place, and why?

    I do not see how any regulation ever helps the economy in any way, ever.
    Do you do your own investing? Tell me, can capital and equity markets function well and efficiently when there are no disclosure laws? How about when there are no laws regarding the prohibition of fraud? How about regulations regarding standardization of reporting?

    For you see, I work in that field and there is no possible way that without such regulation, such markets would work. And without capital and equity markets, the modern American financial system simply does not work. And that is bad for the economy.

    And environmental, particularly emissions regulations are quite economically important. Prior to laws regarding sulfur, large portions of the Canadian-US border were heavily polluted by sulfuric acid. Fishing was destroyed in many. Timber was damaged.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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