That’s called insurance.
You obviously don't understand your own question
oh I do. Its a quip on the capitalist system that is supposed to fix everything.
That's not "capitalist" and police are anyhow public goods who obviously need to be salaried to avoid corruption. If you don't like capitalism, you can give up your company and your property and help build socialism.
i actually agree. just comparing waiters to cops. One does better work.
Imagine what your insurance rates would be without police.
imagine what theyd be without regulation
You're assuming they'd be higher. That might not be the case since the regulatory apparatus is expensive, especially for insurers that do business in more than one state since regulatory regimes vary. And there is also the presumption behind your comment that the regulation is always on the money, which often isn't the case.More than rates, though, the real case for regulation is preventing insurers from going bankrupt. And the insurance sector is not a part of the economy that is producing, which is what people refer to when they talk about capitalism.
A balance works well. When one side, business or govt, has too much- thats when things fck up.
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