WORD #2: Regulation: the wiktionary describes the term "regulate" in the following way:
To dictate policy; To control or direct according to rule, principle, or law; To adjust to a particular specification or requirement: regulate temperature; To adjust (a mechanism) for accurate and proper functioning; To put or maintain in order: regulate one's eating habits
Regulation should be an extend from our negative liberties, i.e. be the consequence to infringement on the rights of another, i.e. prison for a thief or murderer agreed upon by all as a means to resolve issues.
EXAMPLE OF COMMON MISUSE: Many believers in the sovereignty of government over our lives rather than over our laws believe that regulation to be a means of correcting "inequality"; this comes from the mistaken belief that laws should be formed to enable positive liberty and/or "equality" - that is "equality of outcome" rather than "equality of opportunity". They develop "regulations" which deprives wealth creators of the fruits of their labours in order to distribute these to others less able.
More so they erect "regulations" which impede the ability of the better able to create wealth so that the less able are led to believe they can compete, ignoring the obvious caveat that it is not through their own ability but by their recognition with those in authority as being less able, or worse, being a group with pull in political circles.
ALTERNATIVE WORD/TERM FOR IMMEADIATE REPLACEMENT: Regulation should form the bedrock of our liberty and should give us all an equal footing to pursue justice; if a manufacturer knowingly hides a fact about their product which lead to a persons injury or death, or a company pollutes land that does not belong to there should be a means of pursuing justice within the court; it is not a perch for others to gain a foothold over others, such as is happening with the CFP, CAP, the BPD or REACh; all of which enable certain groups to gain advantages over others without having to rely on their own natural abilities, but government pull. Regulation at the point of a gun is no longer regulation - it is:
i.e. "You will behave have in a certain way in order to constrain your natural ability, so that others less able and/or with better political pull will be able to compete with your reduced ability rather than their equal one; your ability to create wealth is less important than our pursuit of "equality"."
From now on, any use of the word "regulation" when describing a means of constraining human activity where it does not necessarily infringe upon anothers liberty or "equality of opportunity" shall henceforth be corrected with the above term.
Next time: democracy