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The claim that social regulation is unnecessary posits that individuals and businesses can self-regulate effectively through market mechanisms and social norms. Proponents argue that voluntary compliance and competition can naturally curb unethical behavior without the need for government intervention. They contend that excessive regulation can stifle innovation and economic growth, as well as infringe on personal freedoms. Ultimately, they believe that a free market can achieve better outcomes through accountability and consumer choice.

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3mo ago

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