And I thought you agree with his post because you thanked him for it.
The problem I see with all the deregulation is that you hand the power to someone else. If the power is not in the hands of the government, then it's in the hands of the wealthy, the landowners or capital owners. Now you could say that the people can retain power by using the markets. Say if a company offers a really bad job for 1$ an hour, noone will take it and as such, all the jobs that are offered are pretty decent at least. On the other hand though, you just removed all kinds of social safety nets and think of people who reject a job as lazy moochers. So even if my example may be extreme, I think you turn people into "slaves" of the companies, with the exception of high achievers perhaps.
Just look at other countries where government control doesn't work properly and people who are indebted have to sell their children to work in factories. Yes, you may want to retain laws against that but you made government so impotent that only lazy moochers will want to become politicians since there is no real incentive to become one. As such you reduce the effectiveness of what little government is left.
As a result the wealthy will pay for their own security, which will control their territory and keep their workers in line because the government does not dare mess with them as noone in the government has the balls or funding to mess with them. You turn your country into a capitalist hellhole where your children work for their slave owners.![]()
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