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Re:Facebook to move UK users to California terms, avoiding E... by harry8 on Tuesday December 15, 2020 @05:29PM (#25436122)
This is called "Regulatory Capture" and is a form of corruption. It is not /why/ regulation exists any more than the murder of Mr Floyd is why police exist.

Regulatory capture is utterly rampant right now and a huge threat to democracy. This is true regardless of one's personal politics or beliefs about big vs small government or political party of preference. It's a cancer and more dangerous than people think.

Re:Facebook to move UK users to California terms, avoiding E... by avianlyric on Tuesday December 15, 2020 @06:45PM (#25437012)
> Regulatory capture is utterly rampant right now and a huge threat to democracy.

Rampant in the US. The EU has managed to avoid the worst of it so far.

Re:Facebook to move UK users to California terms, avoiding E... by kuschku on Wednesday December 16, 2020 @07:09AM (#25441638)
The Leistungsschutzrecht is a disaster, though.
Re:Facebook to move UK users to California terms, avoiding E... by harry8 on Tuesday December 15, 2020 @09:26PM (#25438289)
Please look a little harder.
Re:Facebook to move UK users to California terms, avoiding E... by sveme on Wednesday December 16, 2020 @01:08AM (#25439612)
Care to explain?
Re:Facebook to move UK users to California terms, avoiding E... by KorematsuFred on Wednesday December 16, 2020 @02:55AM (#25440120)
I call BS on that. US remains extremely competitive, what tech company has EU produced in last 20 years remind me ? EU is a regulatory black hole.
Re:Facebook to move UK users to California terms, avoiding E... by richeyryan on Wednesday December 16, 2020 @04:19AM (#25440521)
Intercom, Zalando, Spotify, Revolut, Transferwise, Skyscanner, ASOS, Raspberry PI, Betfair, Mojang.
Re:Facebook to move UK users to California terms, avoiding E... by treeman79 on Tuesday December 15, 2020 @05:54PM (#25436446)
Vote for people that want to reduce regulations.

They’re easy to spot as news/entertainment all mocks them for being “mean”

There is also the plainspeak people. Law written so that average people can understand them. Lawyers less needed.

Re:Facebook to move UK users to California terms, avoiding E... by Retric on Tuesday December 15, 2020 @06:06PM (#25436596)
Be careful of abstract calls to action without specifics. Many calls to “reduce taxes” actually mean a subsidy for some industry in the form of targeted tax breaks. Reducing regulation just as often targets insiders as it does actually improve things.

Often after a dictator takes power they do a crackdown on ‘corruption’ which has popular support. What their actually doing is consolidating power, but if you call it a corruption crackdown then it sounds like a great thing.

What you want is someone that says something specific not platitudes which can mean anything, and are impossible to hold people accountable. Remove a single regulation and they can call it a win. But fail to go to the moon, build a wall, reduce spending etc, and they just failed.

Re:Facebook to move UK users to California terms, avoiding E... by treeman79 on Tuesday December 15, 2020 @06:33PM (#25436898)
Fewer regulations should be the goal.

Simplified tax goals.

Fairtax was a great attempt at this. One tax rate. Everyone got a check so that poor people didn’t suffer.

Millions of tax attorneys and government would need to find something else to do.

Re:Facebook to move UK users to California terms, avoiding E... by 8note on Tuesday December 15, 2020 @07:19PM (#25437328)
Better regulations should be the goal.

Fewer can mean keeping the bad ones while getting rid of the good ones.

One tax rate sounds like junk to me. A progressive tax rate that applies to all things that get you money: income, gains, loans, etc makes more sense. Along with some way of getting taxes when money leaves local borders.

... And you need subsidies for the things you want to promote. Always doing that as explicit subsidies makes sense though. If you want people to take out loans, you can grant subsidies for their loan repayments

Re:Facebook to move UK users to California terms, avoiding E... by harry8 on Tuesday December 15, 2020 @06:42PM (#25436983)
>Fewer regulations should be the goal.

That goal is lost while regulatory capture is the norm.

Others say "better regulations protecting people should be the goal"

That goal is lost while regulatory capture is the norm.

Whatever our cause, without reform of the norm of regulatory capture, our cause is lost.

I'd much rather reform that corruption and the "other side" win power than "my side" win with the corruption raging on.

I'd love it if most people felt the same way about it and were willing to switch voting from Sanders style democratic socialism to Amash style libertarianism to get it done. Or the other way. I'm not sure what's more important politically right now. The corruption disease rages on with a change in ruling party.

Re:Facebook to move UK users to California terms, avoiding E... by 8note on Tuesday December 15, 2020 @07:25PM (#25437386)
More democracy seems like the answer there? If somebody wants regulatory capture, they should have to convince a plurality of people that it's a good thing, and do it again and again on a regular basis.

Add to that more transparency in corporation ownership, especially in trade deals, and strong controls on what regulators are allowed to do during and after their time working as regulators.

Re:Facebook to move UK users to California terms, avoiding E... by Can_Not on Tuesday December 15, 2020 @11:29PM (#25439059)
> Vote for people that want to reduce regulations.

But those are the people who are usually focused on removing consumer protections more so than removing regulations based in corruption.

Re:Facebook to move UK users to California terms, avoiding E... by cycomanic on Wednesday December 16, 2020 @02:59AM (#25440141)
But opposing regulatory capture and wanting reduced regulations are not the same thing.