Without the people buying things, those rich don’t exist. All regulations really do is line the pockets of the already existing companies and make it harder for the small guy working out of his garage.
People have forgotten that the wallet is the most powerful way to vote. Don’t buy their product and they won’t make any money.
And without those rich people making them, they have nothing to buy. They dont just magically appear for people to buy. That is a misconception (or misdirection, rather) with how consumer action works. You cant take action if the rich dont let you in those situations.
The wallet is only as powerful as the people who run your economy, and generally less so.
All regulations really do is line the pockets of the already existing companies and make it harder for the small guy working out of his garage.
And protect the environment from wanton pollution and destruction, and provide workers with guarantees against their employer, and keep needlessly dangerous products from hurting customers, and…
Personally, I find regulations to be a bandaid over a legitimate problem: shareholder misalignment. Really, companies should only ever be consumer and worker coöps since those are the direct stakeholders and the reason businesses exist in the first place. Shareholders aren’t needed and only serve as a form of parasitic wealth extraction that feeds capital accural, cartel formation, and monopolization.
Without the people buying things, those rich don’t exist. All regulations really do is line the pockets of the already existing companies and make it harder for the small guy working out of his garage.
People have forgotten that the wallet is the most powerful way to vote. Don’t buy their product and they won’t make any money.
And without those rich people making them, they have nothing to buy. They dont just magically appear for people to buy. That is a misconception (or misdirection, rather) with how consumer action works. You cant take action if the rich dont let you in those situations.
The wallet is only as powerful as the people who run your economy, and generally less so.
The economy doesn’t need to be “run” is my entire point.
And protect the environment from wanton pollution and destruction, and provide workers with guarantees against their employer, and keep needlessly dangerous products from hurting customers, and…
Personally, I find regulations to be a bandaid over a legitimate problem: shareholder misalignment. Really, companies should only ever be consumer and worker coöps since those are the direct stakeholders and the reason businesses exist in the first place. Shareholders aren’t needed and only serve as a form of parasitic wealth extraction that feeds capital accural, cartel formation, and monopolization.
Even a perfect utopian co-op needs regulations beacuse most people don’t know anything about environmental impact or proper safety precautions.