Regulations are the workingman's friend.

Regulations are not your enemy.  I know; that runs counter to everything you were ever taught about how the world works, but it's true. In fact, most regulations are job creators rather than job killers.

I saw a news item the other day about regulations being overturned ending over four million hours of paperwork, and saving -presumably for the owners of whatever enterprises were being deregulated- almost as many millions of dollars each year.

That sounds to me like the sound of many people losing their jobs at once, as if a million voices cried out, "Oh shit, we're fucked!"

Deregulation, like automation, and nearly every other efficiency improvement in business or industry, is the enemy of the working person, no matter the skill set or level of education. under a capitalist system.  It is simply the nature of the beast.

Automation, miniaturization, mechanization; all of these and many other evolutions of human industry ought to benefit all mankind, but under capitalism the opposite occurs.

Efficiency leads to a reduction in the number of human workers needed to perform any given task. Those workers lose their jobs, only today, unlike in decades past, there are no new jobs waiting for those workers. They're simply obsolete. Redundant. The jobs are gone, and they won't be coming back.

Efficiency and technology today primarily benefit a tiny class of wealthy investors.  They reap immense wealth while thousands of workers are reduced to poverty. Many eventually find themselves among the legions of underemployed workers at the bottom of the world's largest pyramid scheme.

Until we find a way to motivate enough working people to turn against the capitalist system of exploitation, this is what we're stuck with.

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