[xyzzyz]

I don’t really think that a lot of day to day functioning depends on FDA. FDA definitely has a lot to say about a lot of things, and, arguably, without it, some undesirable things would happen more often, but all in all, we would be mostly fine.

[Reelin]

I don't have the time or energy to synthesize an exhaustive list of concerning examples on the spot. If the prospect of an under regulated food supply doesn't concern you I would strongly suggest reading "The Jungle" by Upton Sinclair. (Or for a lighthearted example, see: https://www.cbsnews.com/news/chemical-infused-watermelons-ex...)

[eecc]

Yeah, imagine having to negotiate the EULA of every single grocery item to check for “fitness for consumption” clauses, what a Libertarian dream would that be! Of course the Market will eventually average out the bad players, thanks to the compound effect of billions of Rational Choices... eventually we’ll also be dead as that John Maynard guy once said. Perhaps sooner rather than later in this scenario ;)

[ilkan]

There are few rational choices given the lack of current transparency and future information that hasn't happened yet. There is no Market without immediate consequences. Dole Foods often has salad recalls due to ppl getting sick with e coli... Are they really a bad actor? Or just a poor one that can do better? Do you have time to make your own rating of which company, manufacturing plant, farm it was supplied from? What's a credible dinner alternative given your context and available time and guests? A bad actor can last a long time.

[IG_Semmelweiss]

Funny how daring americans were flying planes for almost 20 years, no EULA needed, and planes didn't drop out of the skies at all.

If anything, the problem is that when there are no rules, some people (pilots) themselves were reckless and can endanger others. That is something to be solved by criminal courts, though.