Earlier quoted context omitted.
I'm aware of regulatory capture, thanks. You have not convinced me that this case applies sufficiently to the nuclear sector (which is after all the topic of conversation), where it has been claimed that unnecessary safety regulations are holding back progress. As for other industries: sure, some regulations are put in place by the industry itself to preserve the status quo. And other regulations absolutely benefit s…
I'm really just responding to your original statement of: > I think the alleged blight of "overregulation" has become a conservative mantra but without much basis in fact. Perhaps you were specifically referring to the case of Nuclear power, but it didn't seem that way. Especially when you mentioned Insurance companies being the problem in the medical industry, as if they somehow exist in their current form independe…
> What terrifies me is the lack of nuance in the conservative talking points about "reducing regulation,"
I think this is really an issue of all issues in society today. Emphatic soundbites resonate with people, nuanced discussion does not. I'd think all politicians do this, and it's most notable when they're making statements about things we personally disagree on. If it's something we agree on, we happy to forgive and we "know" that the statement's lack of nuance is ok, because we don't want the message to be watered down.
Personally, I think there are many regulations that are good and well thought out, and many that are not. Industry typically does not bear the costs, they are passed on to the consumer. Sometimes this is good. Externalities should be priced in. Sometimes this is not so good, when you have a regulation for every edge case.
I'm not going to get into a debate on specific regulations. But if you don't believe there exists a lot of dumb regulations, just Google "weird regulations".