you are viewing a single comment's thread.

view the rest of the comments →

[–]magnora7[S] 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (3 children)

This infographic unfortunately has a republican bias, and no I didn't make it, but if I were to remake it I would include many more Republicans so it was 50/50. But this is true information and it's what I have, so here it is. This stuff matters, big time.

When people clamor for "more regulation", it means nothing if the companies being regulated are the ones running the regulatory agency. In fact, this gives them an opportunity to further consolidate their monopolies via government enforcement. They can create rules only their monopoly can follow. They can ensure every government contract only goes to them.

This is why the whole conversation of liberal "more regulation" vs conservative "less regulation" is a complete red herring. It matters not how much regulation there is if the people running the regulatory bodies are completely corrupted. Republicans assume corruption is the default, so they want to get rid of regulations but are not opposed to corruption within it because they see it as inevitable. Whereas Democrats assume the companies need more limitations so they're in favor of stronger regulations, without realizing the widespread existence of regulatory capture. Both are right in certain respects, but there's so much conversation about "less vs more" when in fact we should be looking at who is doing all this regulating? This is (conveniently, for the 0.1%) often overlooked.

[–]LazyHummingbirds 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

You should compile your own list of Republicans in the comments to even it out. Good infographic though thanks for sharing.

[–]send_nasty_stuff 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Agreed. In addition to more republicans there are also hundreds of more venn digrams representing other industries. I'd really like to see someone create another infographic.

[–]FormosaOolong 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

the whole conversation of liberal "more regulation" vs conservative "less regulation" is a complete red herring. It matters not how much regulation there is if the people running the regulatory bodies are completely corrupted.

This! Both alleged sides of the alleged aisle are participating in this, allowing it, and actively seeking to outdo each other through it. The whole issue is, as you say, not about the quantum of regulation, but about the rampant, systemic corruption that makes the good-old-days mafiosi look like rank amateurs.