Bluntly, we live with individuals who just suck at finance (this extends to other now-necessary skills too). I want to live in a world where they aren't constantly taken advantage of. Consider it a mental disorder if you need to; we don't have to punish people for being dumb.
Besides, regulation of this kind (cancelling subscription) benefits everyone but certain companies. I don't want to waste my time due to someone's misguided free market ideology. Even if navigating endless bureaucracy does make me feel smart.
That said, I hate the tendency of regulators to outright ban certain activities. Everyone should be free to throw their money away (by e.g. making risky investments), after signing a lot of very scary forms and showing that they really mean it.
If I watch 1 hour of Netflix a month and you watch 300 hundred hours a month, should the government mandate that Netflix charge you 300x more than me? If not, why should the person who watches 0 hours be treated any differently? Ultimately Netflix is creating the plan and publishing its details, and we are all opting into it willingly. Whether we get value from it or not is for us to decide, not the government.
That's not entirely true though. Netflix had to be prepared to provide that service. Meaning they needed to be able to have the capacity to serve the videos if necessary. Some times just having that capacity has a cost in and of itself.
Not to mention they still are producing content whether you watch it or not, and by subscribing you are paying for that content to be created.
It's more extreme in other scenarios, like say hospital emergency rooms. But it still applies to services like Netflix imho.
Besides, regulation of this kind (cancelling subscription) benefits everyone but certain companies. I don't want to waste my time due to someone's misguided free market ideology. Even if navigating endless bureaucracy does make me feel smart.
That said, I hate the tendency of regulators to outright ban certain activities. Everyone should be free to throw their money away (by e.g. making risky investments), after signing a lot of very scary forms and showing that they really mean it.