[–] BoiseNTheHood 2 points 1 point 3 points (+3|-2) ago (edited ago)
As usual, the Daily Kos gets it wrong. Regulations existed long before 1938. The first regulatory agency, the Interstate Commerce Commission, was founded in 1877. Back then, large railroad companies were coming under fire at the state level for their unethical practices (mostly unfair rates and rate discrimination) and they needed to shield themselves from further litigation, so they pushed for a weak regulatory body at the federal level to placate the masses. Like always, the federal government hopped into bed with them and started picking winners and losers, setting the precedent for today's government-backed monopolies and oligopolies.
https://en.wikipedia.org/wiki/Interstate_Commerce_Commission
[–] Clasm 1 point 2 points 3 points (+3|-1) ago
To be fair, most of the deregulation didn't happen until the late 1970s, after a number of responsibilities had been transferred to the Department of Transportation.
Undermining those regulations, however, has been the goal of for-profit corporations since their implementation. Any argument that self-regulation by such companies is possible, or better than, third party commissions is laughable.
[–] let_them_eat_slogans 1 point 0 points 1 point (+1|-1) ago
As usual, the Daily Kos gets it wrong. Regulations existed long before 1938.
Obviously you didn't read the article. The article is not claiming that regulations were invented in 1938, the article is claiming that, generally speaking, regulations come to be as a result of corporate misbehaviour. It uses the 1938 case as an illustrative example.
[–] CaptOblivious [S] 1 point -1 points 0 points (+0|-1) ago
As usual, another !right winger thinks that Daily Kos is a singular noun.
The Kos blogger dsteffen wrote that and it is, in fact, a factual account of why those particular regulations were enacted.
You can pretend whatever you wish but that facts are that the MAJORITY of rules and regulations that the neo-libertarians rail against were enacted because some corporate jackass injured people for a profit.
[–] Balrogic 1 point 2 points 3 points (+3|-1) ago
The path to doing away with government is clear. Start behaving, evil corporations!
[–] flyawayhigh 1 point -1 points 0 points (+0|-1) ago
This will happen just as surely as people won't use the downVoat button to disagree. Believe in it. :D