Does Government deregulation help the working person, or again just those at the top?

It depends on what is being deregulated, which is why being 100% for or against all deregulation doesn’t make sense. It’s probably to the average person’s benefit that we have regulations on what can be in our tap water. It’s probably not to the average person’s benefit that we have regulations on how tall our front steps can be.

Does making murder legal, help the potential murder victim, or just the future murderer?

Regulation is how the government keeps the governed subservient

@josie True to point, it also protects workers and the environment from large business and corporations who don’t give two shits about either.

Any body who makes sweeping statements against regulation needs to read The Jungle by Upton Sinclair.

Those at the top.

IMO regulation is a balance that requires a fine line. Too much and it causes issues, too little and it also causes issues.

Well at last we agree on something.^^

Where that fine line is drawn is where the left and right disagree most.

Just those at the top.

Government and capital aren’t separate things—they’re historically bound, with government being typically captured by capital in order to serve capital. This is done by corporate lobbying, by campaign donations, by the political class overwhelmingly being capitalists, and by some millionaires and billionaires getting into politics themselves, as representatives or even appointees for the very regulatory bodies that are tasked with regulating capitalist enterprises.

It is government which is subsevient to capital.

How does this express itself in regulations? Firstly, as light-touch as possible for big business, with regulation only coming as a reaction to some disaster or scandal rather than preempting anything.

Secondly, to price out potential competition. Some regulations can be too costly to implement for smaller businesses, but are trivial for larger ones.

Nice answer there @Kropotkin thank you.

Elizabeth Warren had a really good approach to government regulation. According to her, the government should be regulating the things that people don’t see and the free market should let people vote with their wallets. For example, the government should ensure that there’s no lead paint in the baby toy, and the people can choose which toy to buy. Or the government should ensure that the wiring in your toaster isn’t going to burn your house down, but you can choose which toaster is right for you. Waiting for enough people’s homes to be burned down for the market to punish offenders is not an optimal approach.

Deregulation benefits those at the top.

Deregulation is basically removal of protections put in place to protect the populace from unscrupulous corporate greed that will always, as the video lays out, endeavor to reap the rewards while placing the risks and harm on the rest of us.