Deregulation freed corporations from legal constraints, and privatization empowered them to govern areas of society from which they had been previously been excluded. By the end of the century, the corporation had become the world's dominant institution.Yet history humbles dominant institutions.
Deregulation has been, above all else, a means of reducing corporate business's accountability to the public.herbert schiller
It's hard to overemphasize how important Ford's Deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged at first. Yet Deregulation set the stage for an enormous wave of creative destruction in the 1980s...Alan Greenspan
The populist rant about greedy banks that is being loudly ventilated in Congress is a distraction from the true causes of the crisis. The dire condition of America's financial markets is the result of American banks operating in a free-for-all environment that these same American legislators created. It is America's political class that, by embracing the dangerously simplistic ideology of Deregulation, has responsibility for the present mess.john n. gray
With Deregulation, one sector of the economy after another is "liberated" to capital's unmonitored authority. The very notion that there is a public interest is contested.herbert schiller