Why big business loves regulation


	Why big business loves regulation

willhelm

4-24-2008 9:21 PM

256 views

willhelm says:

Government and Big business collusion to ensure oligarchy.

2 Comments |

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4-25-2008 11:10 PM

bferman

Increased regulation stifles competition leading to higher prices and lower quality. This is the very reason there are only a handful of oil companies today.

4-26-2008 7:44 AM

skwirlinator

Who is big business. How do they directly affect my life. Who gave them their power and money. Who allows them to be cruel?
I gaze into the mirror and ask ..Who?

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/0e7ad6b9-7b2c-4a6b-bc9f-9a90a4f6387e/1FA76BA4-65E6-499E-9570-4CDE9108FB0D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://scribblativeagincourting.wordpress.com/2008/02/27/why-big-business-loves-regulation/" href="http://scribblativeagincourting.wordpress.com/2008/02/27/why-big-business-loves-regulation/" style="font-size: 11px;">scribblativeagincourting.wordpress.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://scribblativeagincourting.wordpress.com/2008/02/27/why-big-business-loves-regulation/"><P>“Big business is often the chief lobbyist for, and the primary beneficiary of, government regulation. The media typically do not notice this, while big corporate executives and bureaucrats obscure their partnership, leaving the taxpayer, the consumer, the worker, and the entrepreneur in the dark about how big government and big business are ripping them off through regulation….</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://scribblativeagincourting.wordpress.com/2008/02/27/why-big-business-loves-regulation/"><P>“Politicians and bureaucrats often portray these regulations as tools for restraining business <SPAN id="more-138"></SPAN>in order to protect workers, consumers, the environment, or fair competition. Taking their word for it, the media tend to depict any debate about regulation as a battle pitting the government against big business, with big business asking to be left alone.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://scribblativeagincourting.wordpress.com/2008/02/27/why-big-business-loves-regulation/">George Stigler, who won the Nobel Prize for economics in 1982, laid out the true story clearly and convincingly in a 1971 essay. ‘Regulation,’ wrote Stigler, ‘is acquired by the industry and is designed and operated primarily for its benefit’”…</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/1FA76BA4-65E6-499E-9570-4CDE9108FB0D/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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