Is government regulation in the private industry a good thing?

[Chi_archie]

Kraken,

i've thought about this, after picking some mexicans up in the home depot parking lots...

I never seem to find the hard working and (hung) ones again the next day

my idea would be a electronic collar like a dog wears....

so if whe n we an own them again, we can zap them for disobeying and trace their location...

but say they work for 16-20 hrs and its time for them to eat, and poop, and sleep...

you let them do that on their time for 3-4 hrs...

so they go and find a bridge or subway or whatever, beg for food, rob a liquor store whatever...

who cares, just as long as you don't have to share the same air their unproductive mouths are breathing

but then when you want them back the next day you press a button on your remote for the collar and it zaps them and lets them know they have 60 mins to report back to work or wherever before a sustained painful and possibly deadly electical current will be run through their neck collars...

also penile collars might be good too

[Ghenghis Kahn]

I never seem to find the hard working and (hung) ones again the next day

[Chi_archie]

large flaccid penises

long story

[The Kraken]

Of course, the "free market" would sort it out.

After a couple of thousand people died from salmonella, everyone would know to go to a supermarket that didn't sell Tyson, Hormel, or Cargill products...because there are a lot of those.

Exactly turd. How many thousands of people must die before the market corrects itself?

[JohnGalt2341]

Exactly turd. How many thousands of people must die before the market corrects itself?

A better question is... how many 10's of thousands of people must die before the FDA approves something?

[alukk]

It depends on the sector, for example banks must be regulated.... The goverment should regulate monopolies, oligopolies.. It should regulate sectors where there are economies of scale.
In Mexico there is an oligopoly in teleconomunicatios leaded by Telcel/Telmex and there have been studies that say that mexicans pay a lot more for telephone/cellphones/internet compared to other latin america countries..
Where there is something similar to perfect competition (i.e agriculture) there should not be regulations

[JohnGalt2341]

The goverment should regulate monopolies

The irony is... The Government is the biggest Monopoly of all time!!!! By a mile!!!! Think of the Lottery... is there anything in the history of mankind that is a bigger Monopoly than the Lottery? They pay out 50%!!!!! Go to the WORST casino on the planet and play the WORST game that they have to offer and I assure you that the payout is more than 50%.

[MonkeyF0cker]

The irony is... The Government is the biggest Monopoly of all time!!!! By a mile!!!! Think of the Lottery... is there anything in the history of mankind that is a bigger Monopoly than the Lottery? They pay out 50%!!!!! Go to the WORST casino on the planet and play the WORST game that they have to offer and I assure you that the payout is more than 50%.

So don't play it.

[MonkeyF0cker]

A better question is... how many 10's of thousands of people must die before the FDA approves something?

Huh? Better if it's just out on the market without approval?

Are you trying to make sense?

[JohnGalt2341]

So don't play it.

I don't play it. But it would be nice if they allowed some competition.

[JohnGalt2341]

Huh? Better if it's just out on the market without approval?

Are you trying to make sense?

If I had to choose between the Government approving something or the Free Market approving of something I would choose the Free Market every time.

[19th Hole]

It depends on the sector, for example banks must be regulated.... The goverment should regulate monopolies, oligopolies.. It should regulate sectors where there are economies of scale.
In Mexico there is an oligopoly in teleconomunicatios leaded by Telcel/Telmex and there have been studies that say that mexicans pay a lot more for telephone/cellphones/internet compared to other latin america countries..
Where there is something similar to perfect competition (i.e agriculture) there should not be regulations

~~~~~~~~~~~~~~~~~~~~~~~~
Mexico has a telecommunications regulator....
His name is Carlos Slim.

[8ArIvd5]

open a bank. Hire good employees and sign a contact guaranteeing a years severance if they're fired after x years of service. Run it ethically for a few years. After collecting around 5 mil in cash close shop. Renege on all contacts and don't give customers their money back. Hire jjgold for protection.

[ChalkyDog]

There is no Yes/No answer. It is all contextual. Also, some men just want to see the world burn - especially if they get to grab a few more dollars while lighting the fuse - the average consumer needs protection from greed.

One of the main things I really wished they regulated more heavily is high interest rates and especially those payday loans/predatory lending assholes. Absolute usury is the norm these days - it is disgusting.

[ChalkyDog]

The irony is... The Government is the biggest Monopoly of all time!!!! By a mile!!!! Think of the Lottery... is there anything in the history of mankind that is a bigger Monopoly than the Lottery? They pay out 50%!!!!! Go to the WORST casino on the planet and play the WORST game that they have to offer and I assure you that the payout is more than 50%.

Love the lottery, it is an inventive way to tax dreams. Most of the time it just so happens to be the poor mans dreams.

[Balco10]

The only thing the government knows how to run is our military.

[MonkeyF0cker]

If I had to choose between the Government approving something or the Free Market approving of something I would choose the Free Market every time.

How does the free market test and monitor food exactly?

[Balco10]

There is no Yes/No answer. It is all contextual. Also, some men just want to see the world burn - especially if they get to grab a few more dollars while lighting the fuse - the average consumer needs protection from greed.

One of the main things I really wished they regulated more heavily is high interest rates and especially those payday loans/predatory lending assholes. Absolute usury is the norm these days - it is disgusting.

Abolish payday loan outlets!

[Balco10]

How would a farm work in a free market:



A farm would be a much more localized production, since that is efficient in terms of food miles. Beef and Pork would be dressed where they are created. The separation of grass-fed cared for animals and the their lesser fortunate counterparts would be fairly strict, as to ensure the consumers get exactly what they want. However, the separation of raising, packing and selling could not be that high. Specialization would generally mean those are separate companies, but efficiency dictates that they would be close together space-wise. Children of appropriate age would be able to both walk through it for learning purposes and to get work experience. The animals would come into contact with humans and would be “dirt-immunised.” The animals would be exposed to low levels of bacteria eventually developing resistances to them, which is a far better version than isolating animals and then feeding them tough antibiotics.



Just like in other countries, buying some potatoes from your neighbor would be considered an ok thing to do. If you lived in the country side, you would not need parking lots and perfect toilets to facilitate such sales. The so-called supercenters, such as Wal-Mart and even Safeway are made possible through government subsidies of roads and requirements of lots, so their numbers would be much smaller.

As I already mentioned, testing of food safety could be done by the producers of the food and/or by independent companies, like underwriters laboratories. Generally speaking, independent specialized competing companies are always the default choice, since it allows to have several relatively public standards and compare food between different manufacturers. Currently this companies cannot arise due to illegality of doing too much testing.



Another important aspect of food in a free market is WHAT kinds of food people would eat. The real food pyramid is the caveman pyramid => vegetables, meat, fruit and nuts. Some people will include yogurt, cheese and wine as necessary. The caveman diet and related diets (keto, atkins, raw-foods, etc, etc) represent the beginning of a grassroots movements of understanding nutrition, with far better results than the so-called nutritional “science.” Of course, people eating better food would solve or improve a host of problems: diabetes, obesity, allergies and even various behavioral problems that arise in children on sugar crashes.



An interesting thought is whether farming could be mixed in with cities. On one hand, the pressures of reducing food miles could push farms even closer to the place of consumption. On the other hand, social pressures would push cities to be more dense(more on that in future posts). On the other hand(again), pressures of the caveman diet dictate grass-fed non-dense raising of cattle and other animals. So these slightly opposing forces would mean that advanced free-market in-city farms are most likely extremely dense on the land-use and they don’t include livestock. In other words they are probably plant-only skyscraper farms or roof-top gardens. Also, the pleasant public green trees and parks that exist in current cities would be partially replaced by some sort of private fruit-bearing gardens. I can imagine many ways of profiting from a private in-city garden => charge per visit, give memberships to people as a perk for living nearby, allow people to pick fruits themselves and charge an even smaller fee than a grocery store. That would help the less fortunate folks buy food. That kind-of cross-over between consumption and work allows for immediate paper-less part time job, the fruits of which(pun intended) you’d consume yourself. Again, for this to be possible, there would be no income or sales taxes or even paperwork, since they presume the stupid notion separation of work and consumption.



The health and looks of people who are able to eat the best and freshest food, which is easily available for them would be far different from the looks of today’s people. An average person will probably resemble a very well-fed caveman from the Kromagnon era, or what a professional athlete looks like today.

[ChalkyDog]

How does the free market test and monitor food exactly?

The market, especially on the consumer end - will weed out bad product. They do it constantly.

Market would police itself in this instance.

Pharma on the otherhand - I would not trust that. Sure, they pay a lot of money now to get bad drugs through the process - but at least there is a hurdle. You let the free market control pharma, it would look like the diet pill industry. No amount of Lawyers would keep them from pushing bad drugs.

[PAULYPOKER]

There is no Yes/No answer. It is all contextual. Also, some men just want to see the world burn - especially if they get to grab a few more dollars while lighting the fuse - the average consumer needs protection from greed.

One of the main things I really wished they regulated more heavily is high interest rates and especially those payday loans/predatory lending assholes. Absolute usury is the norm these days - it is disgusting.

Congrats Chalky, on posting the only intelligent post in this entire thread that did not make me cringe.....................

[Balco10]

Your just bitter than your pal Ron Paul is done and is now getting ready to endorse Mittens. Only jackasses vote 3rd party for 2% of the vote. Really Kennedy for your avatar? Is that your favorite Pres?

[SharpBoxing]

Your just bitter than your pal Ron Paul is done and is now getting ready to endorse Mittens. Only jackasses vote 3rd party for 2% of the vote. Really Kennedy for your avatar? Is that your favorite Pres?

Dont be too mad at PaulyPoker.

The thing with Pauly is, is that he knows there is something wrong with the economic system we are in today, he knows there is something wrong with the government and the fed. But because he doesn't really understands economics he doesnt know whats exactly wrong and what the solutions are.

But at least unlike other posters here Pauly knows there are some things fundamentaly wrong.

[alukk]

How does the free market test and monitor food exactly?

You need to study some economics and you will see that the best way is perfect competition which includes free market... The market adjust very fast to everything (We have no perfect market conditions anywhere, the closest i think would be agriculture)

[alukk]

~~~~~~~~~~~~~~~~~~~~~~~~
Mexico has a telecommunications regulator....
His name is Carlos Slim.

Lol, true but COFETEL (the one in charge of regulating mexican telecomunicatios) fined America movil (telcel/telmex) whit 1 billion dollas, which im pretty sure it hurt them... However America movil said that they will not incur in monopolistic pratices again, so they were forgiven..

[MC PICKS]

The only thing the government knows how to run is our military.

[MonkeyF0cker]

You need to study some economics and you will see that the best way is perfect competition which includes free market... The market adjust very fast to everything (We have no perfect market conditions anywhere, the closest i think would be agriculture)

So the free market is going to monitor and trace E. coli, listeriosis, salmonella, etc. outbreaks and ensure that people are not further at risk? That's what you're telling me?

Give me a fukkin break.

Tell me what company is going to pay for the monitoring and prevention of foodborne illness outbreaks. How are they going to be profitable exactly? You're the one that needs to study economics (along with a side dose of reality).

[alukk]

So the free market is going to monitor and trace E. coli, listeriosis, salmonella, etc. outbreaks and ensure that people are not further at risk? That's what you're telling me?

Give me a fukkin break.

Tell me what company is going to pay for the monitoring and prevention of foodborne illness outbreaks. How are they going to be profitable exactly? You're the one that needs to study economics (along with a side dose of reality).

Your right, i missed the point, i was talking about regulating prices and quantities. Obviously the government should monitor everything but as far as the products that get into the country meet the standars, the best thing is the free market (that means low or none taxes to impor-expor, etc). Plus, if your buying something from the outside you gotta make sure its a good product, if not a good product you just stop buying it, there the free market makes that the products meet what the public demands (but then again, there should be monitoring from the goverment)

[The Kraken]

In a free market with no regulation, there really is no advocate for the consumer until its too late for those unlucky ones. Hopefully you and I are among the lucky ones not to die of hepatitis or incorrect amount of active ingredient in your antibioti

Im convinced that a market entirely free of all regulation is dangerous for the consumer. Some defree of regulation makes sense.

How much? Well we can let the market figure that out.

[d2bets]

Every civilized nation has laws and regulations. What more do you need to know?

[MC PICKS]

EPA needs to go, they are stifling the economys recovery with all their horseshit reguations.

[PAULYPOKER]

EPA needs to go, they are stifling the economys recovery with all their horseshit reguations.

All by design my friend,all by design.......

[The Kraken]

If I had to choose between the Government approving something or the Free Market approving of something I would choose the Free Market every time.

Hey John,
off topic... whatever happened to minnow. I quit keeping up with everyone from mw years ago.

[Balco10]

Teachers union needs to get ax right quick!!!! Stop the Liberalism in our public schools.