How ‘Regulation’ Is Used Against America’s Founding Principles

[PoliticalChic]

No matter what one claims is their political philosophy, the Litmus Test is how that view compares with the concepts surrounding America’s founding:

Individualism, Free Markets, and Limited Constitutional Government.

Only conservatism fits that description.



1.Regulation has a particular meaning in modern times, most especially in America, but there is an historical pattern that helps in understanding how ‘regulation’ has been used to end the America of the Founders.



2.The 17th and 18th century saw England become the most prosperous nation in the world, for several reasons. One is the use of regulations that saw the demise of communal lands, and the systematic privatization of grazing and farming land.

3. The efficiency of British agriculture and of the economy in general increased due to Parliament’s passing some 3,000 Enclosure acts between 1760 and 1815.

The very antithesis of communism, the ascendancy of private property rights, was recognized as the path to prosperity. The effect of British law was the meticulous respect for fair compensation and due process for those who could no longer use communal lands.

This was a moment in English history when the law was changed to promote efficiency and fortune.



4.When land was privately owned, it encouraged investments in new farming methods, and more effort by owners who would benefit. Such is the basis of capitalism.

5. This was a determining step in the Agricultural Revolution, and led to the Industrial Revolution, as well.
“The Noblest Triumph,” Bethell, chapter six.





Of course, England passed its law, and the concepts of privatization, on to America.
To paraphrase Benjamin Franklin, ours was a nation of opportunity and prosperity....'if you can keep it that way.'

Under the attacks of Progressivism, and Modern Liberalism....it seems we will be unable to keep it.

 

[alang1216]

No matter what one claims is their political philosophy, the Litmus Test is how that view compares with the concepts surrounding America’s founding:

Individualism, Free Markets, and Limited Constitutional Government.

Only conservatism fits that description.

Under the attacks of Progressivism, and Modern Liberalism....it seems we will be unable to keep it.

What attacks? An essential ingredient of capitalism is a free market. Like the referee in a football game, the role of government is to ensure that everyone plays by the same rules. The ref doesn't call the plays, he just enforces the rules, rules that, in theory at least, make the game safer for all.

Let us not forget that regulations are usually made as a reaction to a problem, unfair labor practices, unsafe products, wasteful use of resources, etc.

 

[Valerie]

the only thing rethuglicans believe in over regulating is vaginas

 

[PoliticalChic]

the only thing rethuglicans believe in over regulating is vaginas

Informative, the level you attempt to bring the discussion to.....

I don't believe that this is the appropriate thread for you....stick to favorite color Crayola, and which is the best 24-Hour All Cartoon Network.

In those venues, you may be able to add to the discussion.

See ya'...

 

[Valerie]

Many sectors of the business world have long complained about government regulations and their restrictive nature. Often cited as an impediment to corporate and small business profits and a waste of precious time and effort, government statutory requirements have been denounced, side-stepped and violated by many a business since the early twentieth century when the corporate income tax and anti-trust laws were first enacted.


Since then, in an ever-increasing blizzard of regulations and a huge, complex tax code, American business has both prospered and suffered as a consequence of government action - collaborative and complementary and restrictive and adversarial. Concurrently, American consumers have been protected from exploitive business practices by those same government rules and regulations. We'll look at some of these regulations to see why the question of whether or not they help business has no easy answers.


Government Regulations: Do They Help Businesses?

 

[PoliticalChic]

Many sectors of the business world have long complained about government regulations and their restrictive nature. Often cited as an impediment to corporate and small business profits and a waste of precious time and effort, government statutory requirements have been denounced, side-stepped and violated by many a business since the early twentieth century when the corporate income tax and anti-trust laws were first enacted.


Since then, in an ever-increasing blizzard of regulations and a huge, complex tax code, American business has both prospered and suffered as a consequence of government action - collaborative and complementary and restrictive and adversarial. Concurrently, American consumers have been protected from exploitive business practices by those same government rules and regulations. We'll look at some of these regulations to see why the question of whether or not they help business has no easy answers.


Government Regulations: Do They Help Businesses?

See....I embarrassed you into trying to add to the discussion.

"We'll look at some of these regulations to see why the question of whether or not they help business has no easy answers."

Exactly what I'll do in this thread.


Style hint: try to use quotation marks as they are pertinent.

 

[Valerie]

my post came thru at the same time as yours but your delusions are hilarious.



"
Anti-Business Regulations and Laws

Since the enactment of anti-trust laws in the early twentieth century, followed by periodic increases in corporate tax rates and increasingly complex and restrictive regulatory laws governing the conduct of business, the American business community has generally been an opponent of any government law, regulation, compliance obligation or tax levy that it perceives to undermine profitability or impede business operations. If big business could speak with one mouth, it would likely say that regulations hold it back and cost everyone in the long run.

Of course, if big business did speak with one mouth, it would also have a lot to answer for. Over the past decades, particularly leading up to the Global Financial Crisis that unfolded from 2007-2011, too many publicly traded corporations have misstated earnings to maintain or boost the market price of their stock. They've violated immigration laws by hiring undocumented workers. They've broken environmental laws by illegally dumping wastes or emitting pollutants into the atmosphere or into rivers and lakes. So clearly the no rules approach has a cost for the general public - which is why our elected bodies are in charge of regulation in the first place. In response to some of the behaviors mentioned above, we now have entities and regulations to discourage repeats and businesses complain about them endlessly. These include:

• Sarbanes-Oxley: In the wake of major corporate fraud in companies such as Enron, Tyco, WorldCom, among others, major legislation called the Sarbanes-Oxley Act was enacted governing accounting, auditing and corporate responsibility. Many in the business world opposed the bill, claiming that compliance with its rules was difficult, time consuming, and would still not have the desired effect - the protection of shareholders against fraud. (For more, see How The Sarbanes-Oxley Era Affected IPOs.)
• The EPA: Another frequent target of certain businesses is the Environmental Protection Agency. The disposal of waste materials, the restrictions on greenhouse emissions, pollutants and other substances harmful to land, water and atmosphere are now regulated by this government agency. Companies to which these rules apply have complained that the restrictions are costly and compromise profits.
• The FTC: The Federal Trade Commission has also been perceived as a foe of business by some firms, which have had their practices such as price fixing, monopolies and fraudulent or misleading advertising curtailed by this arm of the government.
• The SEC: The Securities and Exchange Commission has imposed strict regulations on initial public offerings of corporate stock, on the full disclosure requirements of a stock prospectus, and on the buying and selling of equities on the various stock exchanges under its oversight. (To learn more, read Policing The Securities Market: An Overview Of The SEC.)
• The FDA: Pharmaceutical companies have often complained that the Food and Drug Administration needlessly withholds approval and subsequent marketing of certain drugs pending additional or more extensive clinical trials, although these drugs have already proven to be effective.

The examples above of what seems like government versus business are only a few of the literally thousands of such conflicts that have occurred over the decades. Yet government has also been a friend of business, helping companies large and small in numerous ways. "

 

[PoliticalChic]

6. While the above, the Enclosure acts, represent a beneficial increase in regulation, privatizing communal lands, many regulations were recognized as detrimental.

‘ Adam Smith, in ‘The Wealth of Nations,’ criticized unproductive regulations, which restricted industry, and poor workers, as well. While government continued to have the obligation to protect against and fraud, most counterproductive regulations in Britain were either repealed or allowed to wither away.

Instead, there was “…the substitution of competition for the medieval regulations which had previously controlled production and distribution of wealth.” Arnold Toynbee, “The Industrial Revolution,” p. 58


What I will show is that, as the power of the Left increased in America, so did the attacks on private property, and the use of regulation as both punishment, and harassment of business.

And....as a method for amassing undue wealth by the political class......



....coming up.

 

[Valerie]

Government Regulations: Do They Help Businesses?


"
Pro-Business Government Agencies and Activity

Hundreds of assistance programs from the government in the form of money, information and service are available to businesses and entrepreneurs. Noteworthy among them is the Small Business Administration, which, among its other pro-business services, arranges for loans for start-up companies. The SBA also provides grants, advice, training and management counseling to companies in an effort to help America's numerous small business succeed in its highly competitive economy. There is also The U.S. Commerce Department and its nationwide program to help small and medium-size businesses increase overseas sales of their products. This is just one of the many serivces the Commerce Department provides for businesses, which helps them achieve continuing profitability.


An often overlooked service that the government provides all businesses is the rule of law. The U.S. Patent and Trademark Office offers protection of inventions and certain products from illegal infringement by competitors, thus encouraging innovation and creativity in the business community. Patent and trademark violations are punishable by heavy fines, and subject to civil actions that can be costly if the defendant loses the infringement case.


On top of all of this, there are are the extraordinary steps government takes to protect business when the situation calls for it. Economists have claimed that the so-called Troubled Asset Relief Program (TARP), signed into law by President George W. Bush, and the stimulus program enacted under President Obama, averted a repeat of the Great Depression of the 1930s. Other economists insist that the government should not have intervened and that free market elements should've been allowed to weed out the business failures. No matter which side of the argument you find yourself agreeing with, there is no doubt that the corporate world would look very different today if those programs hadn't backstopped the financial system. "

 

[PoliticalChic]

my post came thru at the same time as yours but your delusions are hilarious.



"
Anti-Business Regulations and Laws

Since the enactment of anti-trust laws in the early twentieth century, followed by periodic increases in corporate tax rates and increasingly complex and restrictive regulatory laws governing the conduct of business, the American business community has generally been an opponent of any government law, regulation, compliance obligation or tax levy that it perceives to undermine profitability or impede business operations. If big business could speak with one mouth, it would likely say that regulations hold it back and cost everyone in the long run.

Of course, if big business did speak with one mouth, it would also have a lot to answer for. Over the past decades, particularly leading up to the Global Financial Crisis that unfolded from 2007-2011, too many publicly traded corporations have misstated earnings to maintain or boost the market price of their stock. They've violated immigration laws by hiring undocumented workers. They've broken environmental laws by illegally dumping wastes or emitting pollutants into the atmosphere or into rivers and lakes. So clearly the no rules approach has a cost for the general public - which is why our elected bodies are in charge of regulation in the first place. In response to some of the behaviors mentioned above, we now have entities and regulations to discourage repeats and businesses complain about them endlessly. These include:

• Sarbanes-Oxley: In the wake of major corporate fraud in companies such as Enron, Tyco, WorldCom, among others, major legislation called the Sarbanes-Oxley Act was enacted governing accounting, auditing and corporate responsibility. Many in the business world opposed the bill, claiming that compliance with its rules was difficult, time consuming, and would still not have the desired effect - the protection of shareholders against fraud. (For more, see How The Sarbanes-Oxley Era Affected IPOs.)
• The EPA: Another frequent target of certain businesses is the Environmental Protection Agency. The disposal of waste materials, the restrictions on greenhouse emissions, pollutants and other substances harmful to land, water and atmosphere are now regulated by this government agency. Companies to which these rules apply have complained that the restrictions are costly and compromise profits.
• The FTC: The Federal Trade Commission has also been perceived as a foe of business by some firms, which have had their practices such as price fixing, monopolies and fraudulent or misleading advertising curtailed by this arm of the government.
• The SEC: The Securities and Exchange Commission has imposed strict regulations on initial public offerings of corporate stock, on the full disclosure requirements of a stock prospectus, and on the buying and selling of equities on the various stock exchanges under its oversight. (To learn more, read Policing The Securities Market: An Overview Of The SEC.)
• The FDA: Pharmaceutical companies have often complained that the Food and Drug Administration needlessly withholds approval and subsequent marketing of certain drugs pending additional or more extensive clinical trials, although these drugs have already proven to be effective.

The examples above of what seems like government versus business are only a few of the literally thousands of such conflicts that have occurred over the decades. Yet government has also been a friend of business, helping companies large and small in numerous ways. "

Good that you're here....we're a perfect match:

You have sooooo much to learn, and I have so much to teach.



Pay strict attention to the fact that you will never find any errors in my posts.

Stay tuned.

 

[Valerie]

i've actually started my own business... as i also run a different business at the same time.


true story

 

[Valerie]

ps i stop reading your posts in their entirety a looooong time ago, fraud.

 

[PoliticalChic]

ps i stop reading your posts in their entirety a looooong time ago, fraud.

No you didn't.

This is the very same boilerplate lie that every Leftist who can't refute my posts defaults to.

You, and every dunce who sees and hates the truth, remain the moths to my flame.


You'll be back.

 

[Valerie]

i only enter your threads on rare occasions just to figuratively kick your lies in the proverbial mouth.

with one hand tied behind my back...




"

The Bottom Line


The government is certainly a friend of business, providing financial, advisory and other forms of service to the business community. Simultaneously, the government is also a friend of the public and the American consumer, and acts in what it perceives as their best interests with protective laws, rules and regulations. While businesses may oppose some aspects of restrictive laws, taxes and regulations, they may also endorse other such requirements if they help their own specific business goals.


This conflict may never be resolved, and as business becomes more complex as technological breakthroughs continue, the dual nature of government's relation to business may become increasingly more regulatory and collaborative at the same time. Government, therefore, may be justifiably perceived as benefiting both business and consumer, friend to each, foe of neither. "

 

[PoliticalChic]

i only enter your threads on rare occasions just to figuratively kick your lies in the proverbial mouth.

with one hand tied behind my back...




"

The Bottom Line


The government is certainly a friend of business, providing financial, advisory and other forms of service to the business community. Simultaneously, the government is also a friend of the public and the American consumer, and acts in what it perceives as their best interests with protective laws, rules and regulations. While businesses may oppose some aspects of restrictive laws, taxes and regulations, they may also endorse other such requirements if they help their own specific business goals.


This conflict may never be resolved, and as business becomes more complex as technological breakthroughs continue, the dual nature of government's relation to business may become increasingly more regulatory and collaborative at the same time. Government, therefore, may be justifiably perceived as benefiting both business and consumer, friend to each, foe of neither. "

Another of my predictions proven.....here you are.


"....just to figuratively kick your lies in the proverbial mouth."

Yet....you couldn't find any to 'kick.'
Seems I just caught you in another lie, huh?



Have you noticed that I never lie, while you Leftists can't author a post without a lie?
You’re the biggest liar out of a whole bunch of liars…it’s like being the fattest Sumo wrestler.




Just be happy that you don’t still have that job that required you to wear that white paper hat.

 

[PoliticalChic]

7. The Left has this built-in advantage:
Human nature has always, and will always, include greed, avarice and corruption, in addition ambition and genius. The Founders of America knew this and tried to bridle human nature with checks and balances.

Perhaps Lord Acton understood human nature best: "Power tends to corrupt, and absolute power corrupts absolutely.”
As exemplified in our American politicians.



8. Using ‘regulation’ to the benefit of their wealth, Congress has multiplied regulation far, far beyond the necessary.

Consider, by example, Title 42 of the US Code: Laws dealing with public health and welfare. U.S. Code: Title 42 - THE PUBLIC HEALTH AND WELFARE Today, this federal law is 1700 pages more than it was prior to the New Deal. The reason is the creation of more and more bureaus and agencies endowed with ever broader responsibilities and discretion in defining the rules that govern our activities and our lives. And these rules have the full force of law! Congress has increased the number of rules whose infractions are criminalized, waiving the common law requirement that one knows he is breaking the law. Today, one can be jailed for violating a regulation that one had no reason to know even existed!
[Ten Thousand Commandments The 2015 Federal Register topped 15,000 pages this week.
For extra info on major final rules and small business impacts, check the Regulation Overview. Ten Thousand Commandments]





The Establishment, the Deep State, the Left, ...all have figured out how to use regulations to become wealthy.

How has the use of over-regulation added to politicians’ wealth?

Next.

 

[PoliticalChic]

9. Every notice how many Congressmen leave government far richer than when they went in?

As the saying goes, they go to Washington to do good, and end up doing well.

Congress critters have learned how to use regulation to line their pockets:

a. Most important to the tyrants...er, Congressmen....is that by producing regulations that stymie businesses....said businesses have to bribe....er, lobby....the Representative to put in loopholes.

b. When they leave office, they become the lobbyists themselves, making beaucoup bucks.





10. “The US Code of Federal Regulations — the annually published set of books containing all federal regulations currently in effect — contained 35.4 million words in 1970. A person could read the entire code in just a few days short of a year, assuming he or she read 250 words per minute, 40 hours per week, 50 weeks per year,” ...

“By 2016, there were 104.6 million words of federal regulation on the books, about 195 percent growth over 1970, with a corresponding increase in reading time of almost two years. “

IBM has been running full-page newspaper ads boasting that its Watson artificial intelligence capability can help compliance officers “keep up with 20,000 new or modified regulations a year and 200 revisions a day.”....“humans alone are not going to be able to meet these challenges. "
Trump's Subtracting of Regulations Will Add Prosperity

 

[Mac1958]

What attacks? An essential ingredient of capitalism is a free market. Like the referee in a football game, the role of government is to ensure that everyone plays by the same rules.

There are those who are so committed to their binary worldview that they'll automatically and simplistically look at any regulation as bad regulation. These are the same people who completely ignore and avoid the lack of regulation that contributed so significantly to the 2008 economic collapse. To admit that would be ideological suicide. So they pretend it's not there.

Your civil and reasonable point here is wasted time.
.

 

[PoliticalChic]

11. Most ‘regulations’ are both unnecessary and burdensome.

And, when they are removed, the economy takes off like a skyrocket.



The Deep State, the Establishment, the career politicians, hate this,….and thus the enmity to President Trump.

"Trump Attack on Regulation
Starts To Win Admiration
Both At Home and Abroad"
Trump Attack on Regulation Starts To Win Admiration Both At Home and Abroad - The New York Sun



"Trump kills 16 regulations for every new one, crushing 2-for-1 goal"
Trump kills 16 regulations for every new one, crushing 2-for-1 goal



As President Trump has proven, most regulations are both unnecessary and burdensome.

The majority of 'em
a. are an excuse for bureaucrats to keep government jobs
b. so that totalitarian government can de facto end private property ownership
and
c. so that corporations have to bribe....er, lobby.....the Congress for loopholes in said regulations.

 

[alang1216]

11. Most ‘regulations’ are both unnecessary and burdensome.

Really? Do you have an example of a regulation that is both unnecessary and burdensome?