stilicho
Trurl's Electronic Bard
- Joined
- Feb 6, 2007
- Messages
- 4,757
Consumer Reports would launch a full investigation...
I think you're agreeing with me but, really, why would Consumer Reports launch an investigation if there were no external standards to be met? Critics of regulations should really look into why the Consumers Union exists. It's not as though consumers were aware of the potential problems with the products that were harming them and decided "Objectivistly" to form an investigative body. Not only was it a response to regulations (sometimes deemed insufficient to protect consumers rights) but it was decidedly "un-Objectivist" in its approach to consumer protection. It was so much so that organisations like the Consumers Union were widely believed to be subversive and Communist. Not without reason, either.
I'm about as pro-business as can be on this particular forum and I myself understand the need for public policy and regulation. For one thing, it helps protect my own investment of time and money because I know directly where I stand regarding any corporate innovation, new product roll-out, and even in merger and acquisition negotiations.
I would enjoy the fun times that complete deregulation of everything would entail but I happen to like a bit of chaos. I can't imagine how the true Objectivists would respond, however, as all the freshly unregulated and unpoliced individuals tricked them out of all their stuff and left them as beggars. They just don't think it would happen to them but, believe me, most of those I've met would be the easiest to fool.