Government Regulation

Let’s look at government regulation as it relates to people’s actions.

The Reasoning Presented: individual people have a tendency to act in their own interests, often to the detriment of others. If left unchecked, at least some people will prey on others – the young, the small, the weak, the elderly, the ill, the poor. This is a bad thing, and should be prevented, or if it cannot be prevented, at least punished.

Therefore, we must, as a society, through our elected and appointed representatives – our government – regulate the actions of people, in order to allow the majority of people to live their lives with some amount of peace and security.

Regulation of people, through laws and regulation, enforced by police and courts, is necessary to civil life.

Let’s look at government regulation as it relates to business’ actions.

The Reasoning Presented: individual businesses have a tendency to act in their own interests, often to the detriment of others. If left unchecked, at least some businesses will prey on others – people and businesses. This is a bad thing, and should be prevented, or if it cannot be prevented, at least punished.

Therefore, we must, as a society, through our elected and appointed representatives – our government – regulate the actions of businesses, in order to allow the majority of people to live their lives with some amount of peace and security.

Regulation of businesses, through laws and regulation, enforced by police and courts, is necessary to civil life.

Let’s look at the conservatives’ story of government regulation as it relates to business’ actions.

The Reasoning Presented: Businesses are different than people. Businesses thrive only when they serve their customers. It would be self-defeating for a business to act in a way that did not serve its customers. Regulation of business raises costs unnecessarily, increasing prices and hurting people. Regulating business only hurts the interests of the public.

Therefore, we must, as a society, through our elected and appointed representatives – our government – allow businesses to operate freely and without restrictions. This free market will regulate business actions, providing the best of products and services to the public, and the most responsible business “citizens” which will help the majority of people to live their lives in peace and security.

Regulation of businesses, through laws and regulation, enforced by police and the courts, is detrimental to civil life

Given the actions of business, as experienced in the United States’ reduced regulatory status during the last decade, this argument is a little silly, isn’t it?

What do you think?

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