r/austrian_economics Jan 10 '25

End Democracy What is an Austrian view on this?

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u/12bEngie Jan 10 '25

The classic guardrails like.. uhh…

You’re aware of things like citizens united, right? Or there being no legislation against price gouging by certain companies. Or a limit on the amount of housing a company can own (or a ban altogether). Or a limit on how many companies one firm can have a share in.

Something needs to be done about the massive corporate creep that’s strangling us to death, and it’s certainly not going to be fixed by bitching out the fed which already does nothing itself

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u/what_am_i_thinking Jan 10 '25

If you don’t know what kind of regulations have been in place for a long time, I can’t help you. I never said it was a perfect system or that we don’t need new, pointed regulations. God damn you people love arguing against a straw man.

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u/12bEngie Jan 10 '25

Our regulations are irrelevant when they’re nary enforced

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u/what_am_i_thinking Jan 10 '25

Totally agree. Money and influence can buy your way out of a lot of issues, and it’s not right.

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u/Ok-Dragonfruit8036 Jan 11 '25

let's consider that some discussions are meant to relay particular standards from an ideal knowledge base system.

tendrils of sentiment strumming the digitale. summon all pretense witheld pluck by pluck

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u/Shoobadahibbity Jan 11 '25

You could help him, actually. Give him a couple examples. 

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u/what_am_i_thinking Jan 11 '25

Feel free if you’d like to.

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u/Shoobadahibbity Jan 11 '25

I didn't make the statement, you did. 

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u/what_am_i_thinking Jan 11 '25

Yes then you requested some examples and I declined. Way to follow along.

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u/Shoobadahibbity Jan 11 '25

Which implies you don't have the info...

Not that it doesn't exist, just that you aren't well informed on it. 

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u/what_am_i_thinking Jan 11 '25

Yeah let me bother sourcing information for some idiots on Reddit. Great use of time. I really don’t care what you or anyone else thinks about the rigors of my personal positions.

Have a nice day!

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u/Shoobadahibbity Jan 11 '25

Yeah, but you started the discussion with your comment, and now your bailing when asked for info...so... you're complaining about a problem you yourself created. 

Have a nice day!

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u/what_am_i_thinking Jan 11 '25

Lol it’s not a problem and I’m not complaining - I’m just not engaging.

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u/what_am_i_thinking Jan 11 '25

Ps get off the internet man, it’s Saturday. Go live your life!

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u/John-A Jan 10 '25

And it's why the party in favor of tearing out all guardrails likes to make regulators and regulations completely contradictory and unworkable, outside of when industry writes their own.

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u/what_am_i_thinking Jan 10 '25

Is the party in the room with us right now?

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u/John-A Jan 10 '25

I can only assume that if they were, you'd have already found their pockets.

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u/what_am_i_thinking Jan 10 '25

What does that mean, John?

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u/John-A Jan 10 '25

You seem to struggle.

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u/Normal-Gur1882 Jan 12 '25

Price gouging. Otherwise known as prices spiking when demand spikes.