Earlier quoted context omitted.
> as in the calls for "deregulation" which seldom favor the average Joe Can you give an example of deregulation that doesn't favor the average Joe? I can't think of one.
Deregulation in the sense of removing price controls and barriers to entry is typically good for everyone, examples include airlines and craft beer brewing. Deregulation in the sense of stripping very specific regulations designed to prevent exploitation are typically good for the owners of capital and bad for everyone else. Examples include the Depository Institutions Deregulation and Monetary Control Act (Led to Sa…
When I asked for examples I thought we were talking about total deregulation (I previously thought deregulation was a binary thing - either something is regulated or it isn't at all) but I see it is used in other senses (although it is a bit perplexing to me).
> Some of those scenarios could have been prevented if more facets had been deregulated
Exactly this.