No, you didn’t, and I freely admit I was being nitpicky. You did not deliver a thundering denunciation of regulation. You did you throw out a passing drive by dismissal of regulation without further substantiation though. I realize that’s par for the course in modern political discourse, but it pushed my buttons regardless.
My response really wasn’t directed at you, but rather the fact that so many can casually dismiss regulation as an answer because “everyone knows” it doesn’t work. It’s absolutely frustrating to me how the intersection of small government conservatives and monied business interests have re-written the political dialogue to make it generally accepted wisdom that something they don’t like (regulation) is automatically ineffective and bad. Considering it’s patently and provably not true.
Regulation can work, and there are plenty of examples of it. Heck, in some areas where the public doesn’t mind regulation the U.S. is amazingly effective at it. The CFPB is relatively new but has been doing sterling work at reigning in the excess of retail banks. The NHTSA does fantastic work in pushing automobile manufacturers into developing ever safer cars without crushing the industry. The U.S. leads the world in automotive safety regulations for crying out loud! It’s very possible to regulate an industry sanely and there are plenty of examples even inside the U.S.
Um, neither of your examples is regulation by my understanding of the term. Maybe we are talking past each other on terminology differences here? When I say regulation I refer to a public agency given statutory powers to regulate a particular market or industry. The TSA isn’t regulation for an industry, excepting a few minor powers over airline security practices. It’s mostly a police force. A particularly laughable one that specialized in security theater over results. The DMCA isn’t regulation, it’s a statute itself. Neither represents regulation by the definition I’m used to using.
I freely admit that the U.S. congress is really bad at setting policy in regards to specific industries. They are being tugged between too many interests and their watered down compromises hardly ever work.