Speaking of Smith Archives
There's No Such Thing as Deregulation
with your scholar-host Dylan DelliSanti
April 8, 2019
“Deregulation” frequently conjures up the image of rich CEOs freed to do as they please without restraint or punishment like some sort of corporate Wild West. The regulation/deregulation dichotomy creates the impression that regulated markets are stable and orderly whereas deregulated markets are chaotic and wild – the “anarchy of production” as Karl Marx might have described it.[1]
April 8, 2019
“Deregulation” frequently conjures up the image of rich CEOs freed to do as they please without restraint or punishment like some sort of corporate Wild West. The regulation/deregulation dichotomy creates the impression that regulated markets are stable and orderly whereas deregulated markets are chaotic and wild – the “anarchy of production” as Karl Marx might have described it.[1]