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A few drinks in, and I immediately start talking about the inevitable collapse of humanity in the hands of capitalism.
(lemmy.world)
this post was submitted on 20 Apr 2024
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Regulations help protect people from corporations. This libertarian take is total nonsense. What makes competition difficult for new entrants is the overwhelming size of modern day multinational corporations and the capital investment required to wage any sort of real competition which is something that is only going to be fronted by other extremely wealthy interests. So, yes, we do need bigger, stronger governments in relation to those very powerful corporations, specifically strong enough to break them up. Or ideally nationalize them entirely.
That is kind of true but it also protects corporations from small businesses. For example min wage harms small businesses much more than large corporations. You can like the "protection" but then you will get what you get with corporations and costs. If you opt for the bigger government then you will get things like unaffordable houses and inflation, so dont complain when you get what you asked for.
Ok but without regulation you get poverty wages, 12 hour shifts, 6 day work weeks, and food with no nutrition unless you think lead is a vital mineral.
This is not 1812 anymore. If it were like that why wouldnt you just work for yourself or an employer that treats you well?
Lmao
Just among so many other things, like the lead poisoned baby food from March this year, you clown, the FDA was established in 1906, and Republicans are, right now, trying to abolish child labor laws and hiring 12 year olds in meat packing plants.
Sure thing bro!