I own a business, a small business mind you that has yet to turn a profit but I am a business owner and I've been working 60 hours a week trying to build it to be successful.
There is this very negative stereotype about corporations and how evil they are and how we need to regulate them like crazy.
Let's take a huge corporation like google, google is a company I despise. I won't give my reasons here because it's irrelevant. But because I dislike them, I have removed them from my life. I don't use google for anything. I even adblock youtube on my phone and computer. (Sorry content creators)
When google does something bad people want regulations, instead of removing them from their life.
When you have a bad friend you don't ask the government to make them stop doing something. You tell them stop and when they won't you end the friendship. Companies are people the more you support bad business practices the more you will see of them. Regulations just allow bad people to stay in business, when you make it so a business can't destroy itself you ruin the concept of a free market.
My point being corporations are people, and just like people instead of asking the government to make them a good friend, you find a better friend. Theres so many small businesses out there that believe in treating people right, but it's hard for them to grow as we put more and more regulations on things. Where I'm from they've made a new rule on licenses for crane operators over a certain weight limit. It's not some license that you go take some simple test for, it's thousands of dollars per person. This means most small crane businesses won't be afford to run anymore, and definitely new businesses won't be able to be started.
This is sorta just my stream of thoughts on the subject.
With the crane situation, when I used to run a crane, it would have been very very very difficult for me to injure anyone doing what I did. In-fact the only possible person to be injured would have been me. Charging multiple thousands of dollars doesn't prove someone is going to be safe. If the goal was to be safe it wouldn't cost thousands of dollars to take the test. Theres multiple fees, first you have to pay an approval fee (Which is over a thousand dollars on it's own) this fee is to get approved to take the exam. Then you pay for the exam, which costs per each time you take it. Explain why you would need to pay an approval fee if safety is what's being considered here? (Plus crane related fatalities in America is so low as it is, this isn't something that will lower the rate of fatalities in-fact because the license just limits the size of truck you can run, I imagine we will see an increase of fatalities due to people trying to lift bigger things with trucks not rated for those things.
I also don't believe the reason companies like Walmart are able to get so much power is because people are stupid, I attribute most of it to the odd information era we've been in. I don't see Walmart being around too much longer either..
Anyway my point being most the times these regulations are not made by some wonderful guy who wants to see everyone safe. It's by politicians who get paid by large corporations to make sure there's less competition.