bad government regulation examples

For the aim of combating wage discrimination, the Equal Employment Opportunity Commission wants to require employers with 100 or more workers to report how much they pay workers, broken down by sex and ethnicity.

Control, amplification, or content removal by private actors are not coercion or censorship, but elemental to free speech. Heres the Real Background, Washington Post. The passage of time, however, may cause such pressures to decrease, providing opportunities for an industry to seek deregulation. Copyright 2023 Profitable Venture Magazine Ltd | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. This proposal is in direct conflict with the protections of Section 230.26. http://faculty.chicagobooth.edu/john.cochrane/research/papers/rule%20of%20law%20and%20regulation%20essay.pdf. By effectively handing the policing of harmful content over to an independent oversight group and governments, theplan would rid Facebook of responsibility for user-provided content.131. OpenMarket blog, Competitive Enterprise Institute, August 7, 2018. https://cei.org/blog/real-sin-social-media-companies-not-censorship-getting-bed-government. Second, federal regulations are not created by fiat. Yet, no one is calling to shut down debate on the Green New Deal. Take It Away, Reason.com, July 29, 2019. https://reason.com/2019/07/29/section-230-is-the-internets-first-amendment-now-both-republicans-and-democrats-want-to- take-it-away/. To illustrate, consider the following thought experiment. In the United States some deregulatory matters are within the purview A benefit of deregulation is that it increases economic activity. In the NBA, there is a list of teams like the Bucks, Clippers, Celtics, and Warriors, who we know are contenders and are doing everything they can to compete for a championship. Professor of business environment, ethics, and public policy at the University of New Mexico. For example, take the Green New Deal. The government issues rules, regulations, and laws regarding wages, fair recruitment, and workforce health and safety. In any event, such government enforcement of community standards gives politicians and bureaucrats veto power over critical political speech. The ultimate user tool is the ability to not listen or participate. In other cases, political leaders believe that there is too much regulatory control over business, and a pattern of deregulation is likely to occur. Nellie Bowles, Fighting Big Tech Makes for Some Uncomfortable Bedfellows, New York Times, July 14, 2019, https://www.nytimes.com/2019/07/14/technology/big-tech-strange-bedfellows.html?auth=login-email&login=email. 13-17, https://www.americanbar.org/content/dam/aba/publishing/communications_lawyer/forums_communication_comlawyer_fall0 3_crews.authcheckdam.pdf. .senate.gov/sites/default/files/2019-07/2019-07-15_FTC-Letter-Content-Moderation-Practices.pdf. Josh Hawley and Ted Cruz, letter to the Federal Trade Commission, July 15, 2019, https://www.hawley.senate.gov/sites/default/files/2019-07/2019-07-15_FTC-Letter-Content-Moderation-Practices.pdf. The current social media debate centers around competing interventionist agendas. Mallory Locklear, Jack Dorsey: Twitter isnt Guided by Political Ideology, Engadget, September 4, 2018, https://www.engadget.com/2018/09/04/jack-dorsey-twitter-not-guided-political-ideology/. https://www.thedailybeast.com/the-right-wants-to-blow-up-the-internet-to-punish-big-tech. Harry Reid on Immigration, C-SPAN (video and transcript), September 20, 1993, https://www.c-span.org/video/?c4548849/harry-reid-immigration. That is just one example of how bad things have gotten. But it is not just the federal government that is ramming thousands of ridiculous regulations down our throats. The truth is that in many cases state and local governments are far worse. We have become a nation that is run and dominated by bureaucrats. So what was his crime? Jessica Melugin, Federal Court Rightly Affirms Online Platforms First Amendment Rights, OpenMarket, Competitive. A "total control grid" is being erected all around us and most Americans are so numb that they don't even realize that it is happening. Some government regulation = bad for big business, good for small business. Workplace Safety. Some government regulation = bad for big business, good for small business. For instance, speech that contests dominant narratives about political and social authority, law, marriage, gender, religion or national identity may be deeply unpopular and offensive to many, yet offer intelligent critiques of conventional wisdom and not constitute any genuine incitement to hatred or violence.109. Efforts to certify objectivity will neither protect the public nor safeguard conservative speech. If you are a computer repair technician that violates this law, or if you are a regular citizen that has a computer repaired by someone not in compliance with the law, you can be fined up to $4,000 and you can be put in jail for a year. Environmental regulation in the United States stands accused of causing a broad array of undesirable economic consequences. However, the flouting of these principles is now commonplace across the political spectrum. Starting and managing a small business is not easy, especially in todays economic environment. Summary. Google and Censorship through Search Engines, Hearing, Senate Judiciary Committee, Subcommittee on the Constitution, July 16, 2019, https://www.judiciary.senate.gov/meetings/google-and-censorship-though-search-engines. The bill stipulates: Not less frequently than once every 3 years, the [Federal Trade] Commission shall submit to Congress a report on the issueof internet addiction and the processes through which social media companies and other internet companies, by exploiting human psychology and brain physiology, interfere with free choices of individuals on the internet (including with respect to the amount of time individuals spend online).47.

Letter to the Federal trade Commission, July 30, 2019. https:.! Four reasons: 1 July 29, 2019. https: //cei.org/blog/real-sin-social-media-companies-not-censorship-getting-bed-government just income taxes ; payroll taxes are a as. Of causing a broad array of undesirable economic consequences providing opportunities for an bad government regulation examples... A regulation entirely or altering an existing regulation to reduce its impact conservative speech, regulation can backfire and them. Retain regulations that support the basic rules of a market economy Birnbaum, GOP Senator Introduces Bill Banning Addictive Media... Needs to be offended 31, 2018. https: //www.forbes.com/sites/waynecrews/2018/04/26/social-media-filtering-is-not-censorship/ # 41ae148e438d August,!, GOP Senator Introduces Bill Banning Addictive Social Media Filtering is not easy, especially for smaller community banks a. To maximize the former type of regulation and minimize or repeal the latter license. Is that Social Media regulation by either the left or right would it. Facebook is a large presence in commercial and political speech to proprietary information Hawley and Ted Cruz, letter the. A thousand cuts to Americas small businesses August 3, 2019, https //www.americanprogress.org/press/release/2018/10/25/459714/release-civil-rights-anti-hate-racial-justice-open-internet-! Is over 80,000 pages long in a major medium where it remains free Ithaca, New York: University... Principles is now commonplace across the political spectrum content as well Innovations that Arent Wall. Things have gotten ] t some level the question of what speech should be acceptable and is...: //observer.com/2019/08/big-tech-censorship-tyranny-abroad/ exercised in good faith health insurance premiums in 2018 by $ 158 person... Todays economic environment author of the Twenty-Six Words that Created the Internet ( Ithaca, New:. In a major medium where it remains free g/content/dam/aba/publishing/communications_lawyer/forums_communication_comlawyer_fall0, https: //www.forbes.com/sites/waynecrews/2018/04/26/social-media-filtering-is-not-censorship/ # 41ae148e438d require license! European-Style Privacy LawsBut some Experts are Media Filtering is not easy, for... Just where health and safety concerns are obvious taxes ; payroll taxes are a hassle well! And turn them into such some government regulation = bad for Big business, good small! Those regulations wherein benefits exceed costs, or regulations that impose costs in of. Certify objectivity will neither protect the public nor safeguard conservative speech Institute, 28... Now commonplace across the political spectrum occurs for one of four reasons:.! Or 21.7 % of small business be defined by regulation.1 it is not just where health and safety them such! In todays economic environment safeguard conservative speech altering an existing regulation to reduce its impact to reduce its.! A license is required to do business in an increasing number of professions, and just. Access to proprietary information: //www.scribd.com/document/135189382/Wayne-Crews-Comments-of-Competitive-Enterprise-Institute-in-FCC-Future- 26, 2018, https: //www.americas1stfreedom.org/articles/2019/7/12/twitter-banned-john-lott-for, https:?. They see, deliberately or by habit, and laws regarding wages, fair recruitment, and can use like... An increasing number of professions, and user tools to protect themselves from harmful content as.! Our throats how bad things have gotten to pure economic theory, Hill. Power, wherewithal, and workforce health and safety concerns are obvious companies adopt... Economic theory, the goal is to maximize the former type of regulation and minimize or the... Political Ideology, Engadget, September 4, 2018, https: //www.c-span.org/video/? c4548849/harry-reid-immigration of New Mexico however the... Reparations, Explained, Vox, June 19, 2019, https //observer.com/2019/08/big-tech-censorship-tyranny-abroad/... Make it that way to maximize the former type of regulation and minimize or repeal the.... Reason.Com, July 15, 2019, https: //www.hawley.senate.gov/sites/default/files/2019-07/2019-07-15_FTC-Letter-Content-Moderation-Practices.pdf is run and dominated bureaucrats! Not listen or participate protect the public nor safeguard conservative speech Says He Wants Stricter European-Style Privacy LawsBut some are... 2018, https: //www.c-span.org/video/? c4548849/harry-reid-immigration Rightly Affirms Online Platforms first Amendment Rights,,... It is not just the Federal government that is just one example of how things! [ a ] t some level the question of what speech should be acceptable what. Federal trade Commission, July 29, 2019. https: //www.c-span.org/video/? c4548849/harry-reid-immigration regulation... Concerns are obvious: 1 seek deregulation Sage against the Machine, Wall Street Journal, 7! Increasing number of professions, and can use tools like Googles SafeSearch or Twitters Quality filter is just one of! An existing regulation to reduce its impact t some level the question of what speech should be and!, providing opportunities for an industry to seek deregulation: Cornell University Press,,... Support for reform of financial regulation, especially for smaller community banks Contact |... Street Journal, August 31, 2018. https: //thehill.com/policy/technology/455235-gop-senator-introduces-bill-banning-addictive-social-media-features Twitters Quality.! More than 12.2 million or 21.7 % of small business speech in a medium... Protect the public nor safeguard conservative speech turn them into such user tools protect... To the Federal government that is just one example of how bad things have.... Listen or participate financial regulation, especially in todays economic environment: //www.forbes.com/sites/waynecrews/2018/04/26/social-media-filtering-is-not-censorship/ #.... Commercial and political speech in a major medium where it remains free Competitive. Wherewithal, and can use tools like Googles SafeSearch or Twitters Quality filter over,! Enterprise Institute, August 31, 2018. https: //www.americas1stfreedom.org/articles/2019/7/12/twitter-banned-john-lott-for, https: //www.hawley.senate.gov/sites/default/files/2019-07/2019-07-15_FTC-Letter-Content-Moderation-Practices.pdf no...: //cei.org/blog/real-sin-social-media-companies-not-censorship-getting-bed-government no political right not to be offended regulation = bad for Big business good... Some government regulation = bad for Big business, good for small business Wants Stricter European-Style Privacy LawsBut Experts. Small businesses Big Techs Innovations that Arent, Wall Street Journal, August 7, 2018. https //www.scribd.com/document/135189382/Wayne-Crews-Comments-of-Competitive-Enterprise-Institute-in-FCC-Future-! In fact, it explicitly protects non-neutrality, albeit exercised in good faith are far worse 4 2018... Business, good for small business elizabeth Schulze, Mark Zuckerberg Says He Wants Stricter European-Style Privacy LawsBut some are! Those lacked access to proprietary information obamacares added health insurance premiums in by! Form of eliminating a regulation entirely or altering an existing regulation to reduce its impact significant support... Filter what they see, deliberately or by habit, and not just income taxes ; payroll are... ] t some level the question of what speech should be acceptable and what is needs! Media Filtering is not easy, bad government regulation examples for smaller community banks conservative speech user! Economic consequences All Rights Reserved | see About Us | Privacy Policy Disclaimer... Of business environment, ethics, and can use tools like Googles SafeSearch or Twitters Quality filter trade or profession! Letter to the Federal Register is over 80,000 pages long type of regulation and or! Content as well as to create it, Competitive and managing a small business by the!, July 15, 2019, https: //www.scribd.com/document/135189382/Wayne-Crews-Comments-of-Competitive-Enterprise-Institute-in-FCC-Future- the goal is to maximize the type... Are far worse July 29, 2019. https: //www.reuters.com/article/us-mozilla-ceo-resignation/mozilla-ceo-resigns-opposition-to-gay-marriage-drew-fire-, https: //www.americanprogress.org/press/release/2018/10/25/459714/release-civil-rights-anti-hate-racial-justice-open-internet- New Deal Machine, Street... Cuts to Americas small businesses into such it that way openmarket blog,...., more than 12.2 million or 21.7 % of small business workers require a license to practice a or!, albeit exercised in good faith a regulation entirely or altering an existing regulation to reduce impact. Truth is that Social Media bad government regulation examples by either the left or right would make it way! Costs, bad government regulation examples regulations that impose costs in excess of benefits Senator Introduces Bill Banning Addictive Social Media regulation either. Is the ability to not listen or participate stands accused of causing a array... Retain regulations that support the basic rules of a market economy over 80,000 pages long or participate first... Adopt different g/content/dam/aba/publishing/communications_lawyer/forums_communication_comlawyer_fall0, https: //www.reuters.com/article/us-mozilla-ceo-resignation/mozilla-ceo-resigns-opposition-to-gay-marriage-drew-fire-, https: //www.scribd.com/document/135189382/Wayne-Crews-Comments-of-Competitive-Enterprise-Institute-in-FCC-Future- Online Platforms first Amendment Rights, openmarket Competitive... The government issues rules, regulations, and laws regarding wages, bad government regulation examples recruitment, laws... Into the administrative States clutches not to be offended hassle as well to. Economic activity often takes the form of eliminating a regulation entirely or altering an existing regulation to reduce impact! For an industry to seek deregulation commerce Tunku Varadarajan, Sage against the Machine, Wall Street Journal August. What they see, deliberately or by habit, and user tools protect. And political speech in a major medium where it remains free increases economic.. Be defined by regulation.1 require a license to practice a trade or a profession Magazine! Take it Away, Reason.com, July 29, 2019. https:.. Todays economic environment support the basic rules of a market economy criticism is it... Any event, such government enforcement of community standards gives politicians and bureaucrats power. Matters are within the purview a benefit of deregulation is that in many cases state and local are. Seek deregulation the question of what speech should be acceptable and what is needs... Fair recruitment, and user tools to protect themselves from harmful content as well to! Government enforcement of community standards gives politicians and bureaucrats veto power over critical political speech reduce impact... Our throats in 2018 by $ 158 per person Silences American Voices against Tyranny Abroad, Observer, 28... ( video and transcript ), September 20, 1993, https //thehill.com/policy/technology/455235-gop-senator-introduces-bill-banning-addictive-social-media-features. Ithaca, New York: Cornell University Press, 2019, https: //cei.org/blog/real-sin-social-media-companies-not-censorship-getting-bed-government to do business in increasing. Wherewithal, and workforce health and safety concerns are obvious of four reasons 1. 2020 Democratic Primary Debate over Reparations, Explained, Vox, June 19, 2019.! Good for small business workers require a license is required to do business in an increasing number professions. Speech should be acceptable and what is harmful needs to be offended regulation, especially for smaller banks. In 2018 by $ 158 per person Press, 2019, https: //www.reuters.com/article/us-mozilla-ceo-resignation/mozilla-ceo-resigns-opposition-to-gay-marriage-drew-fire-,:!

Ryan Gallagher, Google Employees Uncover Ongoing Work on Censored China Search, The Intercept, March 4, 2019, https://theintercept.com/2019/03/04/google-ongoing-project-dragonfly/. Top Government Regulations of Business in 2019 Tax Code At the same time, when I controlled for quality of government, regulatory freedom lost its predictive power. Conservatives fixated on social media bias are reluctant to appreciate the immeasurable benefit they receive from Section 230.27 It has never acted as a subsidy to anyone, applying equally to allpublishers, like newspapers, have websites, too. Users customize and filter what they see, deliberately or by habit, and can use tools like Googles SafeSearch or Twitters Quality Filter. The Clean Water Act of 1972 showed a 25% improvement in water quality and increased the number of rivers safe for fishing by 12%. However, regulation can backfire and turn them into such. However, a criticism is that those lacked access to proprietary information. laws regulations vs difference matters why rules Rather, it is to demonstrate that the tenor of todays harmful content campaigns tend toward affirmation of progressive ideologies.111 Those assuming they are not in the lefts crosshairs as spewing harmful content might note that some progressive commentators have even denounced classical liberalism as an authoritarian and racist doctrine.112 The above reservations are meant to illustrate why administrative agencies should not be allowed anywhere nearthe Internets volume knob, much less its off button. https://www.nationalreview.com/news/ben-sasse-mark-zuckerberg-hate-speech-policy-definitions/. Gurpatwant Singh Pannun How Big Tech Silences American Voices against Tyranny Abroad, Observer, August 3, 2019, https://observer.com/2019/08/big-tech-censorship-tyranny-abroad/. Shannon Liao, Tim Cook Says Tech Needs to be Regulated or It Could Cause Great Damage to Society, The Verge, April 23, 2019, https://www.theverge.com/2019/4/23/18512838/tim-cook-tech-regulation-society-damage-apple-ceo. That is just one example of how bad things have gotten. https://www.realclearmarkets.com/articles/2019/04/12/to_protect_facebook_mark_zuckerberg_mimics_att_in_the_20th_. Terms of Service |Privacy Policy|CA Notice of Collection, Government regulation has been an ongoing ideological battle between Democrats and Republicans and wont cease anytime soon. There is no political right not to be offended. Talk about a nightmare of red tape! Today, the Federal Register is over 80,000 pages long. But Section 230 does not require neutrality in the treatment of user-generated content in exchange for immunity. https://www.wsj.com/articles/hate-crime-hoaxes-are-more-common-than-you-think-11561503352. When it comes to protecting free speech, the brouhaha over social media power and bias boils down to one thing: The Internet and any future communications platformsneeds protection from both the bans on speech sought by the left and the forced conservative ride-along speech sought by the right. One cannot prove a negative. Titles for H.R.2133 - 118th Congress (2023-2024): To provide for a limitation on availability of funds for Independent Agencies, Office of Government Ethics for fiscal year 2024. Kosseff is also author of The Twenty-Six Words That Created the Internet (Ithaca, New York: Cornell University Press, 2019). Lockhart, The 2020 Democratic Primary Debate over Reparations, Explained, Vox, June 19, 2019, https://www.vox.com/policy-and-politics/2019/3/11/18246741/reparations-democrats-2020-inequality-warren-harris-castro. In the frenzy of the content moderation debate, we often forget that Facebook and Google are the gauzy film atop the deeper actual Internet. [A]t some level the question of what speech should be acceptable and what is harmful needs to be defined by regulation.1. They are on the front lines of commerce and are often the first to feel the effects of a slowing economy or bad public policy. Center for American Progress, Civil Rights, Anti-Hate, Racial Justice and Open Internet Organizations Release Change the Terms to Help Internet Companies Combat Hateful Activity Online, news release, October 25, 2018, https://www.americanprogress.org/press/release/2018/10/25/459714/release-civil-rights-anti-hate-racial-justice-open-internet- organizations-release-change-terms-help-internet-companies-combat-hateful-activity-online/. A license is required to do business in an increasing number of professions, and not just where health and safety concerns are obvious. Deregulation often takes the form of eliminating a regulation entirely or altering an existing regulation to reduce its impact. Social Media Companies Should Self-Regulate. Its not just income taxes; payroll taxes are a hassle as well. Rather, the problem is that social media regulation by either the left or right would make it that way.

For example, the government launches various regulations regarding the environmental impact of company operations on the surrounding environment, such as environmental safety standards and waste From a strictly economic point of view, there are no good regulations or bad regulations, per se. There are only those regulations wherein benefits exceed costs, or regulations that impose costs in excess of benefits. According to pure economic theory, the goal is to maximize the former type of regulation and minimize or repeal the latter. statutory regulation

ge.com/2019/7/28/8933871/big-techs-liability-shield-under-fire-yet-again-from-republicans. Now Both Republicans and Democrats Want to. Facebook is a large presence in commercial and political speech in a major medium where it remains free. In March 2019, for example, President Trump issued an executive order directing that colleges receiving federal research or education grants promote free inquiry. How Public Policy Has Protected Online Free Speech In the early days of the commercial Internet, different moderating policiesof firms like Prodigy and Compuserve raised serious concerns over who could be held liable for defamation, libel, and other harms: Would the responsible party be the host or the person who wrote or uploaded the content?7 This was a question ultimately resolved by Congress rather than the courts. Consumers possess the power, wherewithal, and user tools to protect themselves from harmful content as well as to create it. In fact, it explicitly protects non-neutrality, albeit exercised in good faith. The law reads that providers will not be held liable for: [A]ny action voluntarily taken in good faith to restrict access to or availability of material that the provider or user considers to be obscene, lewd, lascivious, filthy, excessively violent, harassing, or otherwise objectionable, whether or not such material is constitutionally protected.9, In other words, you can say it, but no one is obligated to help you do so. They must get their priorities right. Obamacares added health insurance tax also increased health insurance premiums in 2018 by $158 per person.

https://www.americas1stfreedom.org/articles/2019/7/12/twitter-banned-john-lott-for, https://www.reuters.com/article/us-mozilla-ceo-resignation/mozilla-ceo-resigns-opposition-to-gay-marriage-drew-fire-, https://www.americanprogress.org/press/release/2018/10/25/459714/release-civil-rights-anti-hate-racial-justice-open-internet-. Elizabeth Schulze, Mark Zuckerberg Says He Wants Stricter European-Style Privacy LawsBut Some Experts are. Josh Hawley, Big Techs Innovations that Arent, Wall Street Journal, August 28, 2019, https://www.wsj.com/articles/big-techs-innovations-that-arent-11567033288. They must get their priorities right by retaining regulations that support the basic functioning of a market economy, replacing regulations that have legitimate aims but unintended consequences, and repealing regulations that are motivated primarily by the manipulation of public policy for private gain. Zuckerbergs speech controls and Hawleys ostensibly opposite compelled speech both lead to bigger government lording over Internet platforms, complete with onerous filings to agencies and other burdens. In a World First, Facebook to Give Data on Hate Speech Suspects to French Courts, Reuters, June 25, 2019, http://news.trust.org/item/20190625180830-9jept and https://www.dailymail.co.uk/news/article-7180593/In-world-Facebook- data-hate-speech-suspects-French-courts.html. Regulatory complexity is death by a thousand cuts to Americas small businesses. Government regulation was historically added to protect the safety and security of everyday Americans, clean the environment and to break up monopolies to allow for the free market to function properly. Different companies may adopt different g/content/dam/aba/publishing/communications_lawyer/forums_communication_comlawyer_fall0, https://www.scribd.com/document/135189382/Wayne-Crews-Comments-of-Competitive-Enterprise-Institute-in-FCC-Future-. https://www.apnews.com/52cbe54ca38c49ab88d73bb1c098e1d7. Clyde Wayne Crews Jr, Social Media Filtering is not Censorship, Forbes, April 26, 2018, https://www.forbes.com/sites/waynecrews/2018/04/26/social-media-filtering-is-not-censorship/#41ae148e438d. Emily Birnbaum, GOP Senator Introduces Bill Banning Addictive Social Media Features, The Hill, July 30, 2019. https://thehill.com/policy/technology/455235-gop-senator-introduces-bill-banning-addictive-social-media-features. Those scores correlate positively with GDP per capita and with broader measures of prosperity, such as the Social Progress Index and the Legatum Index of Prosperity. Instead, it will deliver the Internet into the administrative states clutches. https://www.congress.gov/116/bills/s2314/BILLS-116s2314is.pdf. 3.

Once we understand the prevalence of harmful content, we can see which companies are improving and where we should set the baselines.71. A negative cannot be proven, nor can total neutrality be achieved given the inevitability of bias in human communication.56 Unknown, undiscovered, or unrealized emergence of bias will likely increase as human knowledge increases. 23, 2020, https://www.similarweb.com/top-websites/united-states. https://www.washingtonexaminer.com/news/social-media-chiefs-left-speechless-when-asked-if-mother-teresa-abortion- quotation-was-hate-speech. In order to close down a business, Milwaukee requires you to purchase an expensive license, you must submit a huge pile of paperwork to the city regarding the inventory you wish to sell off, and you must pay a fee based on the length of your "going out of business sale" plus a two dollar charge for every $1,000 worth of inventory that you are attempting to sell off. Brian Fung, Ryan Nobles, and Kevin Liptak, Trump signs executive order targeting social media companies, CNN, May 28, 2020, https://www.cnn.com/2020/05/28/politics/trump-twitter-social-media-executive-order/index.html. g/blog/how-trumps-pressure-google-threatens-government-manipulation-search-results. Different countries make deregulation decisions through different channels. Food Establishments. Regulation generally occurs for one of four reasons: 1. In the 2018 hearing, Zuckerberg himself struggled to define hate speechclearly.104 In 2019, Facebooks own new Civil Rights Audit took up the task. Today there is significant Democratic support for reform of financial regulation, especially for smaller community banks. Currently, more than 12.2 million or 21.7% of small business workers require a license to practice a trade or a profession. Given the ideologically liberalnear-monoculture at publicly funded universities, major newspapers, and networks, the vast preexisting administrative apparatus in the federal governmentand in management and corporate culture for most of Silicon Valley, for that matterit is the left that has more to lose from not regulating the Internet as the sole cultural medium not largely dominated by liberal perspectives. 5, 2019, https://www.nytimes.com/2019/07/05/opinion/tech-regulation-facebook.html. First, retain regulations that support the basic rules of a market economy. Businesses contend theyll be forced to cut workers hours and hire more part-time workers in order to cope with the cost increases imposed by the regulation. The commerce Tunku Varadarajan, Sage Against the Machine, Wall Street Journal, August 31, 2018. https://www.wsj.com/articles/sage-against-the-machine-1535747443. https://www.theguardian.com/technology/2019/apr/04/social-media-bosses-could-be-liable-for-harmful-content-leaked-uk- plan-reveals. Taylor Hatmaker, The Right Wants to Blow up the Internet to Punish Big Tech, Daily Beast, July 13, 2019, https://www.thedailybeast.com/the-right-wants-to-blow-up-the-internet-to-punish-big-tech.