The Philosophy of a True Conservative, Today

[BigV]

Originally Posted by Adak

Nobody supports unrestricted business or markets!
But we need to limit those restrictions - otherwise you simply have very few businesses, and very little competition or innovation.

who and how decides the limits?

Originally Posted by Adak

What you think might be good tight regulation, will result in excellent monopolies by the few businesses that will remain.

This is in no way the only outcome, not even the most likely outcome. Witness the recent rejection of the attempted merger between AT&T and T-Mobile. Regulators, enforcing regulations, prevented further consolidation.

Business wants to make money, it is their biological imperative. Laws, ethics, regulations, etc, these are obstacles to one degree or another in the pursuit of profit.

Originally Posted by Adak

More regulation, comes with a cost - it's not free to the consumer, or to the business being regulated. Who pays for these added regulations, ultimately?

You and me - the consumer.

businesses have costs--labor, materials, energy, transportation, etc, etc. Who bears those costs? Who bears the costs of the degradation of the environment by a given industry, polluters for example?