You're so right!! Remember in the early 80's when they deregulated the Savings and Loan Banks, expanding their authority to make loans and reducing regulatory oversight? What a great idea, that was. Getting rid of those unnecessary regulations really stimulated greedy white collar and political criminals, they stole everything they could until the whole system crashed, and that deregulation ended up costing taxpayers a 160 to 175 billion bailout in today's dollars.

What a deal, right? What a boon to the economy, what a next level brain you're working with. You know, every time we hear someone cry about the need to deregulate, it's either a pirateer looking to steal more money from the taxpayers, or a useful idiot who drank their kool-aid.

I would call myself an Anarchist. You're the stupid person people think of when they hear the word, and it's sad. Government regulation is absolutely required to protect people from losing power. Power structures are generally bad, which is why we need government to prevent them from forming in the background. When this doesn't happen then people lose power because their options are removed so others can profit off of them easier.

I think that's a poor take. What governments? There's a million things that are poorly regulated because of corporate interests in any country

Depends where you are. If youre of the 90% of US americans here in Lemmy, you regulate too less and too reactionary.

You won't win this one here. Lemmy is disappointingly facebook-like in terms of their seemingly endless desire to be told what to do every step of their lives.

I realise the numbers are sort of made up, but in general I fully agree. I do sometimes think that politicians regulate for the sake of it, as if justifying their existence.