Quote:
Originally Posted by
tonton 
That's it. Change the subject. Our current line of discussion is your antiregulatory stance vs. the reality of the issue, which is pertinent to the healthcare debate.
I was trying to avoid being accused of further derailment. But we can continue, sure...
Quote:
Originally Posted by
tonton 
I did provide an example: China. China's mining industry operates (less so than 5 years ago due to -- you guessed it -- increased enforcement of government regulation) virtually unregulated, due to corruption. In fact the system in China, where there is at least some regulation, is better than your argued imaginary utopian unregulated system, where there is no regulation. Yet people die, yes, on a weekly basis (I notice you removed your challenge to this claim, as it is supported by the data). And that's just mining. There are deaths due to underregulated fake milk powder, underregulated fake liquor, underregulated construction, you name it. And it's all due to lack of enforceable regulation.
Quote:
Originally Posted by
tonton 
No, it is not mere speculation. I provided a clear example.
You said "China" but haven't provided any data to support the claim. It's been a vague hand wave.
Oh and, as I read your initial claim, is was actually about Bhopal-like incidents, but whatever. Note that I haven't claimed that
no one would die in workplace-related accidents in an unregulated environment.
Quote:
Originally Posted by
tonton 
I assume you passed Logic 101. You know as well as I do that to prove regulation's imperfection does not prove free market's superiority.
I know that. You know that in environment that is heavily regulated, and these accidents still happen, it weakens the case that regulation will make things better, right?
Quote:
Originally Posted by
tonton 
What happened there? Poor enforcement of regulation. There is enough regulation. It was just not enforced effectively in this case.
So the regulation existed. Everyone relied on it. It failed. How do we explain this? When it is the other way around it is called a "market failure." Sometimes people even call this a "market failure." What should we call it in this case?
This is an older, but interesting article on this subject.
You know what's also interesting in this case, is that there are now reports of miners coming forward and claiming they knew the place was unsafe. I don't know if these are current workers there or former. But it suggests that even the people who worked there knew there were safety risks and yet, they seem to still be taking them of their own volition!
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Originally Posted by
tonton 
I've provided a perfect example.
Without any supporting data.
Quote:
Originally Posted by
tonton 
Some. Which ones? Who knows. You can't guess, so you have to regulate them all. Otherwise you'll always have some people putting lives and livelihoods at risk.
You missed the point here. You seem to be claiming that self-serving motivations in the private sector will put people's lives at risk. I agree that sometimes it will, but also believe that in the long-run and in most cases it will not. But you fail to recognize the existence of these self-serving motives in those in government, with power, where those motives are likely to be far more dangerous to far more people.
Quote:
Originally Posted by
tonton 
You admit that you didn't think about the fact that police and firefighters and other dangerous professions often fall into the government sector. You have to think about this type of thing to avoid being "simplistic" in thought.
First I didn't admit any such thing. I actually
did, but didn't pull the detailed breakdowns at first. You'll notice that I did provide revised details which, incidentally, did not substantially change the point. It still appears, even taking those numbers out that government (which is the source of workplace safety regulation) would be a safer place to work because. This is sorta like the don't eat at a restaurant that has a skinny chef kind of thing.
Quote:
Originally Posted by
tonton 
Likewise, with the Canadian banking system during the Great Depression. You didn't stop to consider the extent to which banking and trade played in the overall economy in Canada at the time, compared with the US. You didn't consider the fact that Canada had a vastly smaller number of banks than the US, so it would make sense that they had a vastly smaller number of bank failures.
You're free to provide data that disproves my point. Let's correct for the number and sizes by looking at percentages then. Go ahead.
Quote:
Originally Posted by
tonton 
The great depression, just like the Bush depression, was caused by under-regulation,
You're simplistic reasoning does not sufficiently explain the events of that time. Sorry. I know that's what the common wisdom and grade school text books have been telling us. But they are found wanting when it comes to a more in depth analysis.
Here and
here are some quick reads for you. There's more, but this will get you started. (***waits for dismissal because of the source***)
Quote:
Originally Posted by
tonton 
It is precisely "simplistic reasoning" that can allow you to say, "see! Only one bank failure in Canada" without observing the whole picture at the time.
Whatever.

Quote:
Originally Posted by
tonton 
First of all, Singapore is one of the most highly regulated economies in the world.
Secondly, Hong Kong is also highly regulated
This is one piece of information that's telling a different story.
I guess we're going to have to agree to disagree. You have not provided anything compelling enough to cause me to reconsider my position, and clearly I've not done the same for you. Either we are both failing to make compelling arguments or are hopelessly stubborn, unwilling to listen, reason and learn.