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The free market didn't deliver seat belts. Regulation had to step in and Ralph Nader lobbied the US govt to get it passed.
by datalus 6y ago
The free market didn't deliver seat belts. Regulation had to step in and Ralph Nader lobbied the US govt to get it passed.
- raisedbyninjas 6y agoVolvo sold the three point seatbelt for nine years before the US government required it.
- celim307 6y agoThat’s a little different, seatbelts save the lives of your customers
- fakedang 6y agoVolvo is European too. The part we should be worried about is that it took 9 years for the govt to require it. 50 years from now, we'll be talking about how stupid it was that drones didn't have safety features.
- bobthepanda 6y agoMost automakers had them, they were just optional and so people didn't spend extra money on them and kept getting flung out of their cars. Volvo had them standard, but Volvo has also never been above 1% market share in the US [1]. If a tree falls in a forest and nobody is there to hear it, does it make a sound? [1] https://knoema.com/infographics/floslle/top-vehicle-manufacturers-in-the-us-market-1961-2016 https://knoema.com/infographics/floslle/top-vehicle-manufact...