Deregulation: A Sad Lesson From Turkey

For my libertarian friends.

A Turkish city is the new poster child for regulation. In one town thousands died. In the other no-one died. Care to guess which was which?

Medicynical note: Libertarians/most republicans posit that regulation is un-necessary. People and businesses under the pressure of competition will automatically do the right thing. In this case in many places in Turkey, builders and their customers opted to not follow common sense building regulations to maximize profits and in the case of their customers “save” money.

The result was monstrous. In areas where building regulations were NOT followed thousands died… the few areas where they were strictly applied few people died.

There is a message here for those who are interested. Most regulation are there for a reason.

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