Quote:
Originally Posted by Gibcarver
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The great thing about a free market is any "wrongs" in the eyes of a consumer does not force sufferance but rather open new opportunities for competitors to step up and offer a product that is more desirable. This effect is however diminished by government entanglement such as licensing and regulation.(IE our market is not actually free)
If you want more freedom, elect officials who promise to abolish laws and regulations.
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So when an entire housing development gets ripped to shreds in a storm or earthquake due to poor building regulations the survivors should be thankful for the opportunity to buy Pulte's new line of less deadly abodes? Though without inspectors who knows if the claim is true.
When poisons show up in baby formula the parents ought to be grateful that Gerber is going to promise to invest more money in quality control so their next kid is less likely to perish? Of course, this would bite into Gerber's profit margin, but I'm sure they and their shareholders would approve simply out of the goodness of their hearts.
Face it, your view looks good on a handmade sign at a campaign rally, but it would cause untold problems if actually implemented. Look at the difference between the damage caused by the earthquakes that hit Haiti and Chili last year. Chili's earthquake was stronger but due to strict building codes and a well-prepared government response the damage was not even comparable to the destruction that Haiti endured.