• LustyArgonian
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    11 days ago

    Also, and this is a spicy one but backed by basic economics, regulations are a required element to capitalism

    Indeed the free market itself has demanded regulations, hence why they exist. And the regulations don’t actually per se stop crime, they simply give a quick mechanistic action afterwards to getting retribution when the regulations are violated - they bankrupt corrupt businesses over time.

    • @toadjones79@lemm.ee
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      19 days ago

      Or, they balance the benefits of corrupt practices with equally detrimental (to the corrupt entity) costs. Making them less profitable than fair trade.