So I saw this ad issued by the government last night on TV:
And it makes such a persuasive sell that opening up markets - i.e. deregulating them - is a good thing for Australia. Most people who are unaware of how economics and politics really work (and let’s face it, that covers the overwhelming majority of Australians) would view this ad and be swayed by its arguments.
What is the meritocratic refutation for this? How can we demonstrate, in a similar format of a simple 30 second video easily understood by all, that deregulating markets is a horrible idea?