This week alone I heard two conservative radio talk show hosts blasting regulations in the marketplace for impeding business growth. I can’t recall any conservative over the years defending any regulation as being good. Makes me wonder if zoning laws that protect a nice subdivision from having a box store move in next door would be an exception.
Recently CVS announced they would be discontinuing the sale of cigarettes in their chain of drugstores. I was surprised, but shouldn’t have been, at the outcry of this decision. Among the arguments attacking the drug company was that cigarettes are a lawful product and therefore it is wrong to have a self-imposed ban on them.
Each December Bill O’Reilly becomes a “victim” of the secularists who he claims are trying to wipe out Christmas in the public sector. His favorite argument to prove his point is to highlight some businesses that don’t allow employees to wish customers Merry Christmas. What he never mentions is that there is no government involvement in a company’s decision to instruct employees that they are not to use this greeting. Again, it is strictly a business decision. If customers don’t like it they are free to shop elsewhere. Just maybe if there is a noticeable drop in sales the company might change its policy. Amazing how the marketplace works when it’s left alone to correct imbalances, especially those that don’t really affect anyone’s quality of life like the zoning example.
And then there is price gouging. It never fails that following some natural event that causes shortages, like the two recent snowstorms, some businesses will significantly jack up their prices. The screams I heard on the radio were deafening. Yet I wondered why. I thought the marketplace was all about supply and demand. And if folks don’t want to pay the exorbitant price at the moment, they can do without for the time being or find another place to buy a product where the owner might see a business opportunity to gain new customers now and in the future. Free markets at work. Nary a word from the conservative complainers that just maybe gouging occurs because a business has to make up for lost sales during the emergency, his costs may have gone up, or other economic considerations.
I saw a Facebook posting of a Delta ticket that went up from a few hundred dollars to $8,000. I won’t disagree that this is outrageous, but the person objecting is a very strong conservative. The solution is simple if you don’t like the price: find another way home and perhaps discontinue your support of the airline. Same for baggage fees. Lots of complaining about them, but again, the solution for these conservatives is to leave the markets alone and take your business to an airline that doesn’t charge them.
I am not suggesting for a minute that I support gouging or some of the business practices that conservatives object to. What I am saying is that the hypocrisy of the free-marketeers reeks. They are fine with free markets and no regulation as long as it doesn’t impact them. Most don’t live near a coalmine and never even saw one. So mining safety regulations don’t really matter to them. All of us take our clean water for granted without giving a thought to the laws and regulations that ensure its safety. Same for the myriad of safety regulations when we fly, purchase food, the clean air we breathe today, and so much more. I grew up with the stench of polluted rivers and beaches in NYC, and air that was dangerous to your health. A WW II veteran on my first ship was from Manhattan. He told the story of swimming in the East River as a boy, but before anyone jumped in they decided whose turn it was to be the “sludge” breaker. The creation of the EPA in the early 1970s changed all that. The young today who object to the EPA wouldn’t know what those days were like.
The marketplace works just fine when businesses decide things for themselves like selling cigarettes or what holiday greetings are appropriate. As for government regulations, it’s a fair political discussion to debate whether there are too many. What is absurd is the notion that agencies like the EPA should be abolished despite the measurable improvements in our healthier quality of life. Perhaps whenever such arguments are raised we should do as we were taught starting in high school: follow the money.