Even a stopped clock, etc. Progressives win by manipulating procedural outcomes. Less regulation = more fragmentation, procedural outcomes are harder to manipulate.
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It's not market failure if everyone wants to be on the same social network. It's market success. The idea of "market failure" is a rhetorical tool that was of use when progs had to pretend to make intellectual arguments. They no longer do.
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Of course it's political. It's a magical invocation that must be made before an economist will endorse some regulation. "Market failure, therefore ICC"
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You're right but the disconnect was always in the step between "market failure" and "therefore do this" - the "this" was never subject to the same analysis. Manipulating procedural outcomes - "well, if I can say 'market failure' it says right here we can do whatever"
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No, it doesn't - you're making the exact same mistake as "'market failure' therefore ICC". What is the actual outcome of regulating like a utility? You don't know. One can make a reasonable guess though - the same regulators that exist right now will be involved.
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