The enemy of Corporate Capitalists is regulation. The freedom to do whatever needs to be done to make a buck is the most efficient way to make that buck. Regulations, by the very nature, put a roadblock into that process. On the other hand, the goal of regulation is to protect the weak that do not have the strength to fight someone who chooses an efficient way of making money that also damages the society. Regulation is by its very nature a method to prevent efficiency.
My mother used to always say that moderation is the key to life. Obviously moderation does not rank high on the agenda of modern American society. People rush to embrace the latest fad, and then they drop it and rush on to the next fad a month later. There is no moderation in this behavior.
With regulations it is a similar love - hate relationship. People want to fix a problem and fix it “real good.” This results in regulations that don’t just fix a problem, they slam the problem real hard. Sometimes these slams can really hurt the efficiency of the process, and force capitalists to create new ways to make the process work. On the other hand, capitalists can permanently see the easiest solution is to remove the existing regulations to make the process work more easily. For the benefit of society lawmakers need to play the role of moderator of the regulations.
Unfortunately lawmakers are paid by campaign contributions from groups on both sides of the regulations divide. The result of this is that we never have a group of moderate lawmakers that realize the necessity of regulation as well as the danger of over regulation. The extremists populate the government and proudly push their agenda.
To make matters worse, the enforcement of regulations is the key to making them work. Enforcement is the jurisdiction of the executive branch of government. For the most part the enforcement of regulations can easily be curtailed by funding cuts. If there are no people to inspect and enforce regulations, the result is a policy that is the same as if there were no regulations at all. If no one follows up on a report of violations, then the criminal gets away with the crime. If the people given the duty to enforce the laws are selected because of their incompetence, the result again will be little enforcement of the laws. The truth is that it is difficult to enforce these laws even when we have competent people trying to enforce the laws.
Regulations are meant to protect society.
Yesterday I was listening to a right wing radio station. A caller was complaining that China was poisoning our children. It is quite understandable that we should be concerned with lead or other toxins in our products. One way to fight this is to require regulations. But, even more importantly we need to enforce regulations that protect us. The right wing talk show host pointed out that the government should not be required to do this job. And, we shouldn’t have regulations placed on our corporations, because that would be too costly for our American companies who distribute goods that are manufactured in China. I began to wonder what this guy was going to suggest to protect our society.
I was not only surprised, but shocked when the right wing radio talk show host suggested that we should let market forces protect America. If people get injured or die from poorly made products manufactured in China, then Americans will vote with their wallets and stop buying the poison. I wish I knew who this guy was, but the radio began to fade out while I was listening. Of course, I thought to myself, the market will fix all of our problems, even if a few people need to die in the process.
I began to think about Europe. Europe has an enormously complex set of regulations. I know a few of these regulations because I have designed products to be sold in Europe. The reason that Europe came to the conclusion that it needed these regulations was because Europe wanted to expand its market. It wanted regulations in one country to match regulations in another country. Obviously if one country had lax regulations it could manufacture less safe products at a cheaper price, just like China is doing in today. But, the US does not have a uniform set of regulations in which a product is marked as compiling with. It isn’t until a harm is found before a product is forced to be taken off the market.
What is the difference between Europe and the USA that makes for the differences in this attitude toward regulation? Why is the US government so careless about the potential problems with new products, while the European governments care about potential harms? I would suggest that the main difference is that Europe actually has a broad health care system. So, if there are widespread health problems caused by a defective product, then the government will end up paying the cost. The government is thereby motivated to prevent harms to society. (This sounds a lot like letting the market solve the problem.) Therefore the governments are motivated to create regulations that protect the people. And, the government is also motivated to enforce those regulations. Isn’t it wonderful when problems are left to the market?
So, I would suggest that Universal Health Care would not only help get health care to those who can not afford it, but it actually motivates the government to protect the people from things like toxins in our toys, and food. It might cost a little more, but what is the cost of your health? Isn’t there an old saying that asks: “If you haven't got your health, then you haven't got anything.” Surely a corporate capitalist can understand that little saying.
-----------------------------------------------------
Don't forget what Stephen Colbert said, "Reality has a well-known liberal bias."
Cross Posted @ Bring It On, tblog, Blogger and BlogSpirit
__________________________
