j0lt78
34055
727
9
Regulations are why there's no lead in paint or gas any more, etc, etc...
Aug 11, 2024 6:58 AM
j0lt78
34055
727
9
Regulations are why there's no lead in paint or gas any more, etc, etc...
wazeewa
The free market cannot be trusted when lobbyists exist who pay off politicians to allow shit like this to happen with zero consequences.
Spastard
iT wAsNt ReAl CoMmUnIsM
Zimyoumoron
The Chevron deference, and why it mattered - https://bbc.com/news/articles/c51ywwrq45qo
threenotch23
Frankly the US is very under regulated. Big Food, Big Pharma, and Big Oil/Chem are able to do the most horrendous things that make people sick, destroy environment, and cause more illnesses of all types and there is little done to check them and make them pay for such.
dmTim
I would also like to point out that politicians are self regulated as well.
zoltarpanaflex
I remember learning on one of those Monsanto trials that they seriously expected to self-regulate from basically day one. Yeah, forever chemicals *everywhere*. Good job self-regulating...
NotaCPA
Was this only America? because I always think of Union Carbide explosion in 1984 India.
CaldariBob
Guess the nationality of the company executive who promised a duplicate of a Union Carbide plant in West Virginia, then cut safety corners to save the company a few bucks on the Indian plant. https://en.m.wikipedia.org/wiki/Warren_Anderson_(American_businessman)
NotaCPA
God lord
MachineInterface
Self-regulation does work… when there's a serious and imminent threat of government regulation. Eg: Big Hollywood studios came together and implemented the Hollywood code of censorship on their own initiative because it looked like otherwise the government was going to do it, and they wanted to keep control of the process.
DdCno1
I can highly recommend those who are not familiar with this censorship to seek out pre-code films and be surprised by just how creative, violent and explicit 1920s to early 1930s Hollywood could be. Hollywood only survived this rigorous censorship due to the influx of talent fleeing from the Nazis in Germany, which had previously been the largest market for films and a major driver of innovation.
MikeRInternetTraveler
“Every regulation is written in blood”.
Gibleteousjack
I probably wouldn't have a job if it wasn't for trucking being deregulated, but it absolutely put a ton of companies out of business when the government stopped regulating rates. Both from price wars and smaller outfits not being able to compete.
GenStrike
Ooo! oo!! Do the nuclear industry next!
Vergenbuurg
Regulations (America) versus no regulations (Mexico): A 2016 USDM Nissan Versa subcompact sedan versus a 2015 Mexican-market Nissan Tsuru subcompact sedan. Yes, the Tsuru is based on a '90s Sentra, but with the lack of regulations, it had even LESS crash-worthiness than the 15+ year old car it was based on.
v
DdCno1
This is still a problem, despite new regulations. Most major manufacturers are knowingly selling highly unsafe cars. One particularly insidious practice is to produce cars for poorer countries that look like developed-world counterparts (sometimes indistinguishably so), yet not only have less safety equipment, but are also using lower-quality steel that is welded together less securely. https://www.telegraph.co.uk/global-health/terror-and-security/car-crash-road-safety-poorer-countries-brazil/
Vergenbuurg
Yarp. Large corporations are never anyone's friend, and will knowingly sacrifice thousands, if not millions, of people in the pursuit of profit... if they're allowed to.
DdCno1
This is true with any large organization that doesn't include checks and balances. They all look out for themselves first. That's why churches are hiding abusers in their midst, why dictatorships of any kind are the worst creators of human suffering on the planet.
YouEatYellowSnow
Project 2025 wants to get rid of the FDA. You know the people the regulate drugs, food, infant formulas, bottled water, heart pacemakers, microwave ovens, pet foods, etc...
Varnna
USDA was gutted the last time, it would frighten everyone if they knew how frightening the meat industry really is.
BDBottom
Project 2025 is funded by Koch, Uihlein, Bradley, and a couple of dozen other far-right billionaires. They Are Not On Your Side.
Svartsinn
Love Canal perhaps isn't the best example of regulatory failures. Yes there was a regulatory failure involved but that doesn't excuse the people who KNOWINGLY built houses and a school on a toxic waste dump after being notified of the dangers of the toxic waste dump. The toxic waste dump was there and they built houses anyways. It's not like a corporation poisoned the land they were living on (which there are far better examples of.)
rooik14
You may have had this fly over your head, but corporations tend to own housing, and are unfortunately under regulated where it actually matters.
HeywouldJablowme
Got to get rid of that big government! Now Force kids to read this Bible...
delpharseven
Tobacco industry. How are they still allowed to exist?
Woogyface
sweet sweet tax money
TheSilverSeraph
In Australia, the taxes on tobacco is so high that a regular pack is $50. This is to discourage smokers, but it also brings in lots of money in taxes. So much so that it is said that the government is now more addicted to tobacco than the users
delpharseven
Which is immoral. We, the citizens of democracies, should not be looking at some of our fellow citizens and thinking "let's get them addicted to poison so we can tax every last penny out of them". We should be demanding that this extremely addictive poison be taken off the market.
TheSilverSeraph
Totally agree
Hal1918
AI answer to "how easy is tobacco to grow" ?
"Based on the information you've provided, it seems that growing tobacco isn't overly difficult. It requires a warm, dry climate and specific nutrient conditions. However, the real challenge comes in the drying and curing process to make the tobacco smokable. It's also important to note that regulations may apply if you plan to sell or distribute homegrown tobacco."
Hal1918
Have also read articles saying that regulations around legal distribution of marihuana in California are driving up cost so much that illegal sources are still flourishing. History seems to suggest prohibiting anything addictive is a long game involving prevention, societal change and (with hindsight correct) policing efforts.
StewedTomaters
The way you spelled marijuana makes me wonder if you're time traveling from 1918
Spfiredrake
Railroad tycoons/monopolies, robber barons, snake oils, expired/unlabelled food products. All regulations are written in blood. Even today.
Dannoboyo
A short history of Republican Policy.
Dannoboyo
Self regulation when it is profit time, Government bailouts when we screw up. Executive bonuses all the time.
Shoutrr
the saying is "privatise the profit and socialising the loss"
or0b0ur0s
There really are right & wrong ways to regulate, and the wrong ways do really hamper business & make everything harder & more expensive. The problem is that Business doesn't believe there's a right way to do it at all; that it's catastrophe or nothing, making the catastrophes of their own making just "unavoidable" and not their responsibility. SMH.
miklkit
Imagine a river burning and everyone is ok with it. We fixed it in the 1960s and it is burning again and no one cares.
sadurdaynight
Industries hire PhD's to find all the loopholes to exploit. Had a finance class in college taught by a PhD candidate. He said the problem with writing papers about the finance industry is once you publish your findings, everyone adopts the ideas and the industry changes, thus making whatever novel idea you had in your paper moot. So, you have to re-assess the entire industry to find the next big exploit. People are just "market share" to exploit.
drum4fun
We don’t talk enough about things like the ozone layer. In the minds of many, the widening hole fixed itself or people just plain forgot there was a major problem in the first place.
graehall
Beware anyone trying to tell you that repealing regulations is necessary & good. They're happy to see your families poisoned for $
randomanal
The Republican Party: We will kill you for money.
Trelis
Trump removed some train regulations, and bam! there are train wrecks.
AutoFox
To be fair, there have always been a lot of train wrecks, it's just fairly under-reported. Deregulation certainly didn't help, of course.
Goldensands
In america. Make some better fking trains already wtf is wrong
AutoFox
I dude... my dude. What the fuck is wrong with our rail infrastructure is a BIG subject.
Goldensands
The usual profit > people, sense and morality asleep at the wheel, corporate interest bs
ZackWester
Not just rail but in general the whole Infrascuture in the US is a joke like it was built in the 1940 and never updated , never expanded never maintained or anything.
AutoFox
I mean, more like the 1950s. The truth is, new infrastructure gets built here all the time; it's just exclusively in the form of expansions to old infrastructure, rather than actual new stuff or renovations of existing stuff.
OldManXan
yep. just about every regulation is paid for, quite literally, in blood and lives, even in the financial sector.
ZackWester
dont forget sawdust in Flour. or Lead in food items (like if corporate can they will kill its costumers by poisoning the food they are selling if it let them save 1 cent or profit one more cent per death).
j0lt78
100%
katidragon
Self regulation COULD work, if the people who actually ran companies had a moral incentive to value human life and safety over profit. Unfortunately, people in control of companies are usually not where they are in life because of their high moral ethics.
bp920091
Nah, self regulation can work, IF actual liability is directly tied to the individuals who make the decisions that harm others. A company dumps chemicals that cause medical issues? The individual involved in dumping that chemical is directly liable for the harm, criminally and civilly. If they dont have enough assets to pay for the damages, it goes one level up to their boss. Repeat if costs remain, until you get to the CEO/Board, then just have them all equally liable for whatever remains.
T3sl4co1l
Don't forget, Love Canal cuts both ways: while what the chemical companies was nothing short of environmental disaster... it was within the laws at the time. The fucking civil govt forced through building a development on tainted land. A predictable tragedy ensued. The correct outcome would've been, update env laws, declare the site a superfund, AND leave it unoccupied for the foreseeable future.
LuminoZero
Love Canal is more a lesson on documentation than it is on disposal. The chemicals were disposed of on site, in proper containment. The problem was that people forgot and there was no record with the local government, so when the single story building above it went to dig a basement, they breached containment and caused the spill.
Record keeping is always going to fuck you.
Carl99
This^. The chemical company even warned the people buying the land that developing there would be a bad idea. Honestly the company got shafted IMO. It's seriously damm hypocritical IMo to insist that a company follows your laws about somthing, then when those laws prove inadequate you blame the company for it. If you do that single individual single individual it's considered a seriously abusive move.
TheSilverSeraph
"The government should get out of the way of business."
"wHy DiDin'T tHe GovERnMenT dO SoMeTHinG aBouT ThiS!"
Arcanum3000
More like "This is an awful tragedy! If only something could've been done to prevent it!"
skullmommy
And “we’re too big to fail! Please bail us out!”
TheSilverSeraph
Yep, capitalize the profits, socialize the losses. It's the corporate way