Quote:
Originally Posted by Wolven
Not quite.
Regulations are the language or guard rails between government (the people) and companies. Deregulation is elimination of regulations.
Eliminating regulations mostly just helps companies make more profit at the expense of costly things like safety, quality, etc.
A better exercise is to streamline regulations and ensure that their intended protections are upheld while eliminating inefficiencies and unnecessary wasted time and money.
When you eliminate regulations you end up with companies who do things like put lead in your protein powder or lead in your baby's fruit puree pouches.
Regulations are good. |
Deregulation is rarely outright elimination of regulation, but more typically a reduction or the streamlining that you describe.
Building codes and the land-use bylaw still exist, but the latter is now simpler and less prescriptive.
Not all regulations are good. A variety of regulations have lead us to a horrifically car-dependent city that is hostile to the humans that live here.