SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: longnshort who wrote (52398)10/23/2006 4:56:43 PM
From: Cogito  Read Replies (3) of 90947
 
>>I don't think the gov has the right to tell private businesses what to do. let the market decide.<<

LnS -

In an ideal world, the government wouldn't tell private businesses what to do. But in this world, it happens all the time, for all kinds of reasons and in all kinds of ways. Some of them are good, some are bad.

As an example, the government requires that people who operate carnival rides keep them maintained so that they don't break down and injure people. Is that not OK? Should we just leave it up to the individual carnival operators instead?

If a bunch of people died riding on Joe's Carnival rides, then people would stop riding them. The market would have sorted it all out. But in the meantime, innocent people would have died.

I think there are cases where government does have a role in regulating businesses, and I think health and safety issues are a prime example. Government regulation in these cases may not be perfect, but the market sure as hell wouldn't be a perfect regulator, either.

- Allen
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext