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At least in the US, government regulation of food and alcohol was a response to the (in)effectiveness of market-based self-regulation. You can certainly disa
by roc 15y ago
At least in the US, government regulation of food and alcohol was a response to the (in)effectiveness of market-based self-regulation. You can certainly disagree on whether things were all that bad, or that the particular degree of, or programs of, our government regulations are not the best way to do it.
But it's not like government forced itself into this position on a whim. Society experienced the alternative to government regulation and decided it wasn't sufficient.
- TDL 15y agoWhen exactly did this happen?
- jared314 15y agoWikipedia references the 1937 Elixir Sulfanilamide tragedy [http://en.wikipedia.org/wiki/Food_and_Drug_Administration#cite_ref-35 http://en.wikipedia.org/wiki/Food_and_Drug_Administration#ci...]
- roc 15y agohttps://en.wikipedia.org/wiki/FDA#History https://en.wikipedia.org/wiki/FDA#History
- TDL 15y agoI as I understood the history, wasn't the regulatory response after the company settled with families?