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>I don't like cab companies, but I do want to know that my hired driver is insured. I'm indifferent to hotels, but I don't want my neighbor running an SRO out of his apartment. I don't enjoy high medical bills, but I like the ability to know that my prescription medications aren't radium-based elixirs. And so on.

That's not protecting established businesses. All those laws are arguably meant to protect consumers. I can't see any justification for "caps". This is just the needless contrarianism that appears in the top comment of every HN post. This is undefendable though.

The problem of industries resisting change through the legal system is far worse than whatever small problems might be caused by disruption. In general humans are heavily biased against change. We need less resistance to change, not more.




timr isn't arguing in favor of caps.




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