• taladar@sh.itjust.works
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    20 days ago

    If regulation was bad for the poor and good for the rich the rich and large corporations wouldn’t try so hard to get rid of regulation.

    • HelixDab2@lemm.ee
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      20 days ago

      They’re not trying to get rid of regulation though; they’re trying to make sure that the regulation is in their favor. That’s what regulatory capture is. They’re going to be fine with regulations that help cement their place in society.

      • taladar@sh.itjust.works
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        20 days ago

        Regulatory capture is certainly a thing but all that “small government” and “too much red tape” rhetoric free market parties have been spewing for decades is not that.