Amusingly, if you follow the history, the US was a remarkably strong regulator against ‘natural’ market forces for a very, very long time. The Sherman Antitrust Act in particular has had some of the most impactful results of any such legislation globally for workers and consumers.
It was only after the red scare that everything just… fell apart. Suddenly worker and consumer rights became associated with communism, and communism was bad. It’s been decade after decade of regressive policy after regressive policy since then.
It was largely in the 70s when the ideology came online and then implemented, or rather not enforced, under Reagan, and it just stayed that way. It’s not like the host of laws were revoked, the interpretations changed and a new anti empirical “consumer” test was adopted.
Amusingly, if you follow the history, the US was a remarkably strong regulator against ‘natural’ market forces for a very, very long time. The Sherman Antitrust Act in particular has had some of the most impactful results of any such legislation globally for workers and consumers.
It was only after the red scare that everything just… fell apart. Suddenly worker and consumer rights became associated with communism, and communism was bad. It’s been decade after decade of regressive policy after regressive policy since then.
It was largely in the 70s when the ideology came online and then implemented, or rather not enforced, under Reagan, and it just stayed that way. It’s not like the host of laws were revoked, the interpretations changed and a new anti empirical “consumer” test was adopted.