Just use cash! The importance of cash in a technological society

Comments

• Taleya@aussie.zone ⁨1⁩ ⁨year⁩ ago

  This is the point they lost me:

  Imagine a world, where everything and anything you purchase is tightly regulated by a governing entity. If you want to purchase a product – it has to follow extreme rules and regulations to be viable for purchase. If it does not follow regulations, you have no physical way of actually buying it (or for it to exist). Now imagine this entity is constantly changing and updating its regulations, allowing the market to be ruled by one specific brand because it is the only brand that follows the exact rules and regulations.

  Emphasis mine.

  Why yes, i do want items for sale to be regulated. Because companies has repeatedly proven they don’t give a shit about customer/social/environmental safety if it gets in the way of their $$.

  Regulations are writ in fucking blood.

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  • TheFriar@lemm.ee ⁨1⁩ ⁨year⁩ ago

    They’re not being anti-regulation. They’re making the point that—as I’m sure we can all agree that crony capitalism is a massive problem—tightly regulating wouldn’t be a safety measure, but a “market streamlining” measure that allows only the most powerful companies would be able to operate in such a market. When they say”allowing the market to be ruled by one specific brand because it is the only brand that follows the exact rules and regulations,” they mean cront capitalism to the extreme. Essentially mob-style. Kind of, ‘this is our market. Because you don’t have ____, our friends-in-high-places will crack down on your illegal business.’ Meanwhile those ‘friends’ are having their election coffers stuffed with untraced dark money.

    So, again, not anti-regulation. Anti-corruption.

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