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In theory you would have independent, private organizations which people trusted to inspect manufacturing facilities and review products. In the U.S., those typ
by wahern 2y ago
In theory you would have independent, private organizations which people trusted to inspect manufacturing facilities and review products. In the U.S., those types of organizations existed before modern Federal regulations. For example, United States Pharmacopeia (USP) or Underwriters Laboratories (UL), both of which were founded in the 19th century. Both of those organizations still exist and their role has actually been incorporated into law.
> It's only regulation and government interference that can make it manageable for the consumer.
I would disagree with such a strong statement, but for various reasons I would agree that a purely private approach probably wouldn't be able to achieve the current degree of consumer safety in the U.S., though in less militantly individualistic societies perhaps it could. (Note that "the government", as in the police state, and institutions of social governance are not the same thing.)
- t43562 2y agoLaws at least would be needed - otherwise such independent private entities could be bought off by the largest companies. Already such companies attempt to buy off governments anyhow with a degree of success.