Deregulation
| VIEWPOINTS |
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| Archbishop Oscar V. Cruz |
More often than not, the meaning and implications of the word “deregulation” bring to mind not only a good amount of happy thoughts but also uncertain feelings among the general public. It ushers in not merely the joyful expectation of freedom from law but also the horrible feelings of exploitation from avaricious and voracious individuals and companies.
Reason: The idea of “regulation” sounds offensive to human rights and dignity. On the other hand, the thought of “deregulation” makes the heart beat faster while the mind becomes fanciful. In other words, especially during these times when the laws of the land are only applicable to the poor while the rich are above the rules of social norms — the absence of regulatory provisions appears not only welcome but also very inspiring.
Specifically in the Philippines, a concrete example comes to mind: The reality of the regulation of salaries on one hand, and the deregulation of fuel on the other hand. The common people perfectly know and feel the contradiction in this practice of rather long observance in the country. While the government carefully and even grudgingly counts every peso added to the salaries of workers and employees in the private sector, it however plays practically deaf, blind and dumb when the different fuel corporations decidedly and repeatedly raise their respective selling prices — lowering these a little now and then in order to confuse their buyers, not really to lessen their financial burden..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/commentary/20110809com7.html
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