Why regulation is not a bad thing.

Not always a fan of Monbiot, but this OP-ED piece on the government bailout of a British bank run by a libertarian intellectual contains in it, a passage that deserves to be framed.

Wherever modern humans, living outside the narrow social mores of the clan, are allowed to pursue their genetic interests without constraint, they will hurt other people. They will grab other people’s resources, they will dump their waste in other people’s habitats, they will cheat, lie, steal and kill. And if they have power and weapons, no one will be able to stop them except those with more power and better weapons. Our genetic inheritance makes us smart enough to see that when the old society breaks down, we should appease those who are more powerful than ourselves and exploit those who are less powerful. The survival strategies that once ensured cooperation among equals now ensure subservience to those who have broken the social contract.

Now, that is a cogent argument for regulation if I ever saw one.

(Via Nanopolitan.)

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    It appears that the Bush Administration’s efforts to destroy the regulatory system are succeeding; the agencies seem unable to mount a response to information that a well-functioning regulatory system would immediately pursue. The agencies aren’t even trying to connect the dots.

    Read on. I moved to the US in 1997 and I’ve noticed a stark difference in the performance of the government agencies named here. I have no doubt that the agencies will eventually bounce back under the right circumstances, but it is disheartening how far agencies such as the EPA, once regarded as models of well run government (at least to a developing country!) have fallen.

  • Tar Sands Don't Fit in the Clean Energy Economy

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    via Obama2Canada

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    A few years ago, only 4% of all Americans knew that Canada was the their largest supplier of oil. So, any efforts aimed at educating Americans on where their oil comes from and the dirtiness of the process involved is welcome.

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    I do not believe this campaign will make any difference whatsoever, Obama is in Canada for something like 3 hours, and presumably will have other things to talk about.

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    More depressing water news from India

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    The Sunday Tribune – Spectrum

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