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OccasionallyImmortal t1_jdtu2dr wrote

Deregulation can work IF companies aren't shielded from the costs of their mistakes. Anyone responsible for something like this should be made to bear the full cost of the cleanup and need to purchase bottled water.

Public utilities and private companies granted exemptions are immune to the consequences of their actions. No one should be.


noire_nipples t1_jdu7aqy wrote

My brother in christ, forcing companies to clean up their mess or pay is regulation.


OccasionallyImmortal t1_jdu7roy wrote

We could define it that broadly. However, compensation for damages and even criminal charges are what we do for everything. They aren't laws specific to an industry, which is the way we normally think of regulation. If this were ordinary regulation, we'd already be forcing companies/governments to do this. No one will compensate Philadelphians for the cost of their bottled water. No one will face charges. They probably should.


noire_nipples t1_jdv62q5 wrote

While I agree these people should face charges and compensate Philadelphians, I fundamentally disagree that any form of legislation that would encompass that could be do broad as to cover more than one industry without either being unenforceable due to it applying to literally everyone, or ineffective because it's too broad as to verifiably argue for anyone to follow it.


Electr_O_Purist t1_jdvum4t wrote

Being shielded from the costs of mistakes is deregulation. Regulation prevents “mistakes” (negligence) and holds accountable those who violate the terms. Basic stuff, really.