Government regulations will , unhappily, extinguish the dreams of thousands of Am ericans to own their own business, and it will , if not contained appropriately, destroy the American economy. The tragic flaw of capitalism is that unrestrained greed will lead to the exploitation of the populace. As the most prosperous nation on this planet we have a duty to preserve our natural resources for use by future generations. We also have a duty to protect our workers from hazards that may harm them. Regulations are not the death throe to the economy that its opponents would like to make it out to be.
Companies adapt to changes in the playing field.
When rules are imposed, companies find ways to cut costs. Also contrary to the notions of regulation s opponents, regulations do work. Over the last 25 years, the amounts of pollutants in the air have gone down in every major category. Regulations also work to improve the health and safety of workers. Still, there are occasions when, despite regulations, a tragedy occurs.