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Other laws that force manufacturers to do things they don't want: Food safety laws, liability laws, minimum warranty terms, truthful advertising, anti-trust, la
by labawi 5y ago
Other laws that force manufacturers to do things they don't want: Food safety laws, liability laws, minimum warranty terms, truthful advertising, anti-trust, laws against dumping toxic sludge in rivers or sending it to poor countries, putting lead in your products, minimum wage, maximum working hours etc.
Would you abolish those laws as well? Note that most manufacturer wouldn't do those things voluntarily, or rather, unless forced, they couldn't even if they wanted to, because they wouldn't be competitive.
Yes, some consumers are knowledgeable, have the time to choose wisely and funds to pay more upfront, but it's not realistic to expect consumers to do extensive research on each item they buy. In such a market, a good manufacturer is relegated to be much more costly, because they don't have economies of scale, hurting both good manufacturers, all consumers and the environment.