Many people believe that regulations can create something far closer to the economic ideal of a Free Market than property rights alone. For example, food labelling regulation arguably moves the market closer to perfect information, which is a necessary feature of an idealised Free Market.
Also, regulatory capture can lead to regulation that causes market inefficiency, but (if you accept my previous argument) lack of regulation may also cause market inefficiency (e.g. due to obfuscated product information) so it's not necessarily better.
I think consumers want to know what is in the food they're eating, so you would get many startups who study what makes something healthy, or finding cheaper ways to list calories and ingredients, instead of listening to the government telling you about the food pyramid etc.
Even if customers deem it too expensive to pay for the nutrition facts, then how do you or others gain the right to intervene in a voluntary act between two people?
For the record, I think the argument is correct, I just don't think it justifies concealing the information, people should be able to use whatever arbitrary or incorrect criteria they please when it comes to how they spend their money.
Yes, because people are used to it now, so they'd be suspicious of products omitting them. Nonetheless, I suspect even that would slowly be eroded over time.
>you would get many startups who study what makes something healthy
You have plenty of diet purveyors telling you what to eat now. Most of them are not particularly evidence-based, and many of them are straight up wrong, but people listen to them and they make money regardless. People have little way to judge their accuracy.
The problem is that large infrastructure based industries like the internet are very vulnerable to monopolies or oligopolies. That is clearly the case with the internet and it is getting worse with the infrastructure owners are buying the content companies.
When oligopolies own the infrastructure needed for other companies to innovate then that is exactly where the government needs to step in to prevent them from abusing their position to stifle innovation. That move actually protects the free market.
Perhaps. Without any regulation, what we might consider criminal activity increases.
> Government should just help by removing barriers. Let there be innovation in ISP space
Not sure I would call content silos "innovation"
It isn't true that any and all regulation is bad, nor is it true that it's all good. We've chosen to make some laws as a society over which we will punish law-breakers for thousands of years. We just need to decide how to approach net neutrality in 2017 and make the best choice for increasing quality of life.
I'm in favor of removing some regulations here. I'm not in favor of calling all regulation removals good.
We aren't talking about regulations in general. We are talking about one specific regulation.
To bring up an ideology as an argument against something specific is to disregard any productive conversation about the topic.
I am a libertarian, and therefore, in general, abhor regulation. I am also a realist. This regulation is necessary in the reality in which you and I preside.
I have yet to hear any actual argument (not an appeal to ideology) - for me to agree or disagree with - stated in opposition to net neutrality.
The 'free market' being good is a myth. It's only free for the owners of private property.
Monopolies have been a well-proven failure point of capitalism, in that monopolies have the ability to also stifle competition in itself. A large point of net neutrality, as I understand it, is to hinder monopolistic-style traffic shaping that might potentially stifle upstarts.
Already the situation with high speed Internet is pretty bad in this nation -- with few choices in many locations (sometimes only one!), America has one of the highest cost high speed Internet networks among developed nations; high speed Internet providers often are ranked very poorly when it comes to customer service.
If you want to focus on getting rid of regulations, focus on the actual laws that prevent good true competition in the ISP realm from happening in the first place. Look at, say, legal issues Google Fiber ran into -- http://www.tennessean.com/story/news/2016/08/13/council-atto.... Look at the 21 states that have codified restrictions against municipal fiber -- https://motherboard.vice.com/en_us/article/the-21-laws-state...). Etc.