this post was submitted on 10 Aug 2024
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[–] cerement 85 points 4 months ago (1 children)

US thoroughly punishing infractions

[–] Sesudesu@lemmy.world 26 points 4 months ago

I like how you can tell that the hand slapping and the hand being slapped are from the same person. It draws parallels to just how bought out our politicians are, almost as though the rich are ‘punishing’ themselves.

[–] UnderpantsWeevil@lemmy.world 55 points 4 months ago
[–] danc4498@lemmy.world 40 points 4 months ago (1 children)

It’s ok, though. Now that the free market has learned it’s lessons, there’s no chance self regulation will go wrong in the future. None at all!

[–] srestegosaurio@lemmy.dbzer0.com 3 points 4 months ago

They are going to behave now. Pinky promise. 🥹🥹

[–] RestrictedAccount@lemmy.world 32 points 4 months ago

Crucial Add:

The US Supreme Court

[–] someguy3@lemmy.world 28 points 4 months ago* (last edited 4 months ago) (1 children)

I can't believe anyone thinks capitalism can regulate itself.

My favorite: leaded gasoline.

[–] MelodiousFunk 7 points 4 months ago

If I believe in the Invisible Hand hard enough, some day I'll get that reach-around I've been longing for.

[–] gedaliyah@lemmy.world 28 points 4 months ago (1 children)

Free market radicals forget that regulations actually exist to keep markets fair and protect private property.

I could make a business where I steal product from a competitor and undersell them. The free market solution is that people would be willing to pay more for unstolen goods so they could raise the price to cover their loss. I wouldn't want to drive them out of business, so I couldn't steal all their product. The market finds the happy equilibrium. No regulation necessary.

This sounds crazy, but there are a lot of markets that operate like this in one form or another. Wage theft is one good example. Pollution is something that steals a little bit of equity from a lot of people. Regulation protects private property.

[–] madcaesar@lemmy.world 19 points 4 months ago

Free market absolutist are childish morons.

[–] solsangraal@lemmy.zip 25 points 4 months ago* (last edited 4 months ago) (1 children)

should have had a panel with cops getting paid vacation for murdering people

[–] someguy3@lemmy.world 4 points 4 months ago

No see everyone will abide by the non aggression principle! /s

[–] FiniteBanjo@lemmy.today 24 points 4 months ago* (last edited 4 months ago) (1 children)

You forgot the Baby Formula bacterial infection leading to shutdown of the largest plant in North America and widespread shortages. We actually had federal regulations which were repealed after the companies lobbied in favor of self-regulation.

[–] ArtieShaw@fedia.io 5 points 4 months ago (1 children)

I'm not sure this is true. Current US federal food and drug law has been in effect since the 1970s (for specifics, I'm thinking 21 CFR 211, which was codified 1979-ish) and it hasn't really been repealed so much as it was never very explicit and rarely enforced, in part because of the difficulty of enforcing something so vague.

Example: The law clearly says, "you must have a written procedure in place to prevent contamination," But it leaves it up to the manufacturer to determine what that procedure should be. In contrast, some of the EU legislation (EUDRALEX) is much more prescriptive: "you must do X, Y, and Z to prevent contamination in a multi-purpose facility."

What little legislation was in place as US law before 21 CFR 211 was worse.

It's also worth noting that much of the US's regulation via agencies like the FDA is actually released as "guidance for industry." Or to paraphrase, "don't be a freaking idiot about things, but we can't legally prosecute you for it if you don't." That's a big loophole.

Consider the legal fiasco that was the trial of the owners and "quality manager" of that peanut company that caused multiple salmonella deaths about 10-15 years ago. Their QA manager's legal defense was literally: I'm not qualified to do my job and should never been hired. 21 CFR says that "employees should be qualified to perform their jobs." What does that mean? Should she have a degree in biology or chemistry? A degree in early childhood learning and k-12 education? On the job training on the day to day of the peanut factory and what to do if you have in infestation of birds? Beyond that, who is in charge of making sure she's qualified? The regulations are unclear, and in the system that's been in place for 40 years, all of those questions will be hammered out in the randomness of court and in the worst way possible. Like so.

https://www.foodsafetynews.com/2020/02/ill-fated-quality-control-officer-for-peanut-corp-of-america-freed-from-federal-custody/#google_vignette

I'm sorry - I could write a whole freaking book about this.

[–] FiniteBanjo@lemmy.today 9 points 4 months ago

https://theintercept.com/2022/05/13/baby-formula-shortage-abbott-bacteria-safety-testing-lobbying/

The timeline is stricter regulations were announced in 2014 but weren't implemented because of lobbying, leading to outbreaks and recalls that the companies responsible argued were not related to their formula, citing reports of frequent testing done in their facilities. Those reports turned out to be falsified.

If the regulations were put in place, then the facilities would have seen more frequent third party and/or government inspections.

[–] Bertuccio@lemmy.world 17 points 4 months ago* (last edited 4 months ago)

https://en.m.wikipedia.org/wiki/Bhopal_disaster

How about killing thousands of people overnight with no meaningful consequences?

[–] teamevil@lemmy.world 12 points 4 months ago

I mean for Christ's sake we're literally watch what Boeing did when they self regulated and it's a goddamn nightmare. Rich assholes only worry about getting richer

[–] RadicallyBland@lemmy.world 11 points 4 months ago

Libertarians: LALLALALA I CANT HEAR YOU

[–] sonori@beehaw.org 8 points 4 months ago

I’ll be honest, I don’t really see how the Love Canal has much to do with self regulation, as the chemical company involved did go above and beyond the regulations at the time for the containment liner. It only failed when people dug foundations through the middle of it because the local town council forced them to sell the property to the council, and then immediately flagrantly violated the terms of the sale where they agreed to never build on the site by concealing the site’s history and building a school while auctioning off the land to developers for a surrounding neighborhood on the site.

[–] ChickenLadyLovesLife@lemmy.world 7 points 4 months ago

I grew up next to the Cuyahoga river in the '70s. I have no idea why that river wasn't on fire every day.

[–] yuri@pawb.social 7 points 4 months ago

I think the Cuyahoga River can fit for both heavy industry and chemical companies. Not even necessarily for the same fire either lmao

[–] JohnDClay@sh.itjust.works 6 points 4 months ago (1 children)

Airlines might be a bad example. Before 1978 there was a lot more control, such as mandating price minimums. Without those you get affordable air travel.

But for airplane companies themselves, I absolutely agree. The FAA had to save money because of their tiny budget, so they had airplane manufacturers inspect their own things instead, with bad results.

[–] greywolf0x1@lemmy.ml 8 points 4 months ago (1 children)

That the FAA had to save money by not doing one of their most important job meant American lives got cheaper, didn't it?

[–] JohnDClay@sh.itjust.works 4 points 4 months ago (1 children)

Sure? But Congress doesn't fund them to be able to do their job.

[–] queermunist@lemmy.ml -1 points 4 months ago (1 children)

Why the fuck not? It's vitally important to the economy, there's no reason for it to be privatized in the first place.

[–] JohnDClay@sh.itjust.works 2 points 4 months ago (1 children)

You talking about airlines or aircraft manufacturers?

[–] queermunist@lemmy.ml -2 points 4 months ago (1 children)

Both? They need so much regulation and control that it makes sense to just cut out the middle men.

The manufacturers are so heavily subsidized by the government they might as well be publicly owned anyway.

[–] JohnDClay@sh.itjust.works 3 points 4 months ago (1 children)

Too much government control of the airlines was definitely detrimental after WWII. They couldn't compete on prices, couldn't adapt to changing routes, and couldn't really cost optimize anything. Deregulating the non-safety aspects improved air travel a lot.

[–] queermunist@lemmy.ml -2 points 4 months ago (1 children)

There wasn't government control of the airlines, just regulations. Protectionist regulations.

The airlines were still privately owned and the government gave them sweetheart deals and intentionally limited the entry of new competition into the industry, allowing the formation of monopolies of the legacy airlines. There was no incentive for increasing the number of carriers because that would hurt profits, and the regulations helped by making entry into the market even harder.

That problem goes away if you just seize the airlines and run them as public utilities.

[–] JohnDClay@sh.itjust.works 2 points 4 months ago (1 children)

Why would government owned airlines incentive lowering operating costs?

[–] queermunist@lemmy.ml -3 points 4 months ago (1 children)

Electoral pressure would incentivize keeping prices and costs lower; voters actually get a say in how public utilities are run.

What's the incentive for raising operating costs? No one is profiting from it.

[–] JohnDClay@sh.itjust.works 1 points 4 months ago (1 children)

Raising operating costs by servicing tiny congressionally important airports would definitely be a thing. And once you've added service to somewhere, you couldn't remove a flight without backlash. To pay the maintainers more, you'd make maintenance more convoluted than it needs to be.

And people voting have a lot better stuff to do than look into airline efficiency. Even tickets costing twice as much probably won't be a very important consideration when people are voting.

[–] queermunist@lemmy.ml -2 points 4 months ago* (last edited 4 months ago)

Why didn't this happen to the postal service?

Ticket prices have caused mass protests all throughout history. They literally toppled the government in Brazil over bus ticket prices. There's electoral pressure that you just aren't considering.

[–] mishielda1234@lemmy.world 4 points 4 months ago (1 children)

This one hits a bit different after that Brazil plane crash

[–] RememberTheApollo_@lemmy.world 2 points 4 months ago (1 children)
[–] mishielda1234@lemmy.world 1 points 4 months ago (1 children)

Honestly I'm not completely sure, I'm not trying to say it was because of regulation, just the timeliness of the imagery of a commercial jet spiraling down in a populated area

[–] Frozengyro@lemmy.world 3 points 4 months ago

You're totally wrong, that wasn't a jet it was a prop plane. See no regulations needed!

[–] JimSamtanko@lemm.ee 1 points 4 months ago

Too soon man….

[–] TheReturnOfPEB@reddthat.com 1 points 4 months ago* (last edited 4 months ago)

"my emotional" is also reflected by the one with the label "heavy industry"