alt Hacker News> we've seen concentrated wealth chip away at regulations for decades or even rip them apart overnight.
There are more and more regulations every day. Oil refineries are being abandoned in California due to regulations so heavy there's no way for them to operate anymore. A friend of mine pulled his business out of California due to stifling regulations.
> Everything will be marketized and monetized and accelerated and made efficient.
I give my unwanted items to the thrift store rather than the landfill. Others sell it on eBay. This is monetizing/making things more efficient. And it's good.
but not universally. oil refineries were causing asthma and environmental degradation.
them moving to another state is a regulatory failure (they shouldn't have another jurisdiction to move to, they should just operate without imposing negative externalities on others, spelling of the refineries).
what value is clean air? what is the value of a human life? how much is your attention worth?
these are questions that capitalism should not answer, but will nevertheless try to.