Quote:
Quote by: lsbskins1  Nobody has yet explained WHY regulation from a democratic government is bad. You keep repeating that it is but you have not supported the contention. Regulation from a dictatorial power that aims to further it's own ends (Five Year Plans and such) is clearly not an example of a free public exercising it's rightful control over the market. Why is regulation by the will of the people wrong? Do not just say, "Because it is regulation." Talking to your neighbor and agreeing that you should not buy from a certain store is regulation. Consumers banding together and insisting on enforceable laws is just a more efficient means to exert the control consumers are meant to have. Explain why this is not legitimate from an economic theory standpoint. Nobody has done that. A preferred alternative is all fine and dandy, but it has to be "better" to be preferred. Explain where your preferred method wins the contest or explain how consumers have no natural right to regulate the market through a more efficient means. |
The belief that it all government regulation is inherently evil is irrational, therefore no rational argument against your position can be made.
Consumer protection laws, as we know them, are democratic, just as you've explained.
Your argument is 100% sound.