Why Regulation of Capitalism is ALWAYS BAD

This video was created by Christian Jackson. Taken from Yaron Brook Show: What is Capitalism and How to Advocate For It Streamed on July 18, 2020

#Capitalism #DefendingCapitalism #Socialism

[NeganLucilleForever]

Of course regulations are bad, ask any billionaire and they will agree with that!
But ask any worker who daily breaks his back for that billionaire, working in terrible conditions for next to nothing, and you will hear quite a different story
Regulations are both good and bad, depending on your perspective.
I personally think without regulations we would have modern day slavery in the work force with the billionaires cracking the whip

[tjt]

If only capitalism and libertarianism had proper vocal spokespersons who advocated for them successfully, especially on moral grounds, then I'd think it'd become, albeit slowly, more popular and widespread, in this day and age public advocates for libertarianism, especially those in the libertarian party, are doing such a poor job explaining and making people, especially young people, interested inboth libertarianism and capitalism, though since the very idea of libertarians in government dumbfounds me and seems paradoxical, I'm not surprised the message isn't very good.

[norgerichard]

Some regulation is good for capitalism and for our environment

[ChristoCurrents]

Is government intervention always bad?

Generally, I agree.

But would like to hear you explain Enron.
For quite some time, the president and governor didn't intervene. The Governator had to come in.

If the government wouldn't have intervened, how much longer would they have cause blackouts and jacked up the price?

Truly interested, not trying to be a contrarian.

[kylewatson]

A desirable part of government is to provide a court of laws in which if people try and defraud one another they can be held to pay hefty fines and must compensate for any damages done due to fraud. That is a desirable part of government and it covers pretty much of everything that government needs to do in the area of economics. All other regulation are an egregious encroachment into the freedom and liberty of individuals who should be free to trade with each other. You should be free to buy a car without seat belts and a manufacturer should be free to decide if its worth their while to produce vehicles that are "less safe" but are more reasonably priced. Instead you are treated like a child.

[masteroogway]

I believe we need some regulations like not having kids working on oil rigs or selling alcohol to someone who you cant even form one sentence

[topol]

VHS worn because the porn industry chose it over betamax.

[Turkey_Hill]

Regulations related to health and safety are important. Regulations related to acquisition of companies is bad.
A larger company should be allowed to acquire a smaller company because it is a means of diversifying their company and preventing future failure. For example, if Facebook had not acquired Instagram…they would be in danger of going out of business if Facebook lost popularity just as MySpace did. Now because Facebook acquired Instagram..their company can still operate at a profit if people were to stop using Facebook.
We are taught in any standard financial course that diversification is a hedge against future failure, and companies should be able to hedge against future failure by merging and/or acquiring.

The Microsoft/Activision block by the UK CMA was a horrible encroachment on freedom…especially since this acquisition has absolutely nothing to do with public health or safety…it’s all in the entertainment sector. Activision’s executives, artists, engineers, programmers most likely wanted access to the higher budget that Microsoft has for their future projects and Activision\Blizzard executives actively sought out buyers. The UK CMA, in the process of speculating on the future dominance of Microsoft in the cloud game streaming market completely disregard the right to freedom of the people at Activision/Blizzard. They also disregard Microsoft’s need to diversify its company by improving its gaming division.

[ethicalcage]

Requlation of capitalism is not bad just enevitable.

[haroldgrey]

Knowing Japan, there would have been some pseudo free-market/pro-competition regulations to "break up" the big greedy rail companies into 16 smaller ones, and prevent them from merging.

[garininderdeo]

Imagine in 2008 if the banks were regulated. Imagine if insurance companies didn't rate subprime loans as triple AAA packages. You are talking about a utopian capitalism where there is no curruption. In reality there is no perfect system. Socialism can be a perfect system in theory if there also isn't any curruption.either way both systems in reality fail. Regulation is mandatory becuause people are currupted. Ayn Rand would of been correct if she could have calculated the curruption that would occur in our day in age. Regulation is bad yes. But regulation is good to keep people safe. The arguement like regulation makes thing sworse is a false delemmna . Just refer to Contracting agencies. Yaron Brook has good utopian ideologies but realistically... It won't work