There's many people here in the EU who are strongly opposed (myself, for example).
We don't want this "prosperity" if they're going to undo many regulations we have in place for our safety. Food-industry regulations, plastic/chemicals regulations.
Thanks, but no thanks. Deregulating is not as cool as "liberal" guys tell us.
This private justice would ensure that the free market reigns, not the misguided whims of bureaucrats who like to make tyrannical regulatory laws in their quest for more political power.
Actually, the "free market" is an illusion that never works in reality, as much as communism is an utopia.
Given actually complete freedom, companies would cartelize to monopolies and suppress any competition or innovation, so they would have a status quo, could dictate the prices, buy the political system to prevent any change that could harm them and finally squeeze as much profit as possible out of everyone so that the rich people can get even richer while the poor ones (99%) suffer without any chance tho change something. Free market stories are used to have a carrot on a stick in front of people so they don't complain too much, and "influenced" mass media surpasses the free will of most people.
Our "misguided whims of bureaucrats" seem to regulate too much, but the reality is that there is just way too much bullshit out there. Regulation leads to standardization and everyone benefits after a short period of moaning.
Those EU regulations are not bad, but that's no need to discard the entire agreement, there is so much more at stake, it is ridiculous to be so small minded.
We don't want this "prosperity" if they're going to undo many regulations we have in place for our safety. Food-industry regulations, plastic/chemicals regulations.
Thanks, but no thanks. Deregulating is not as cool as "liberal" guys tell us.