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1. The Federal Aviation Administration (FAA) is actually used on Wikipedia as an example on the regulatory capture page; saying that "[i]n a June 2010 article on regulatory capture, the FAA was cited as an example of "old-style" regulatory capture, "in which the airline industry openly dictates to its regulators its governing rules, arranging for not only beneficial regulation but placing key people to head these regulators".[1] If you believe that regulations have improved food safety, I suppose that would be attributable to the Food and Drug Administration (FDA), where there is substantial evidence that it has caused more deaths than it has prevented, as well as evidence that it has gone out of its way for the benefit of some corporations; I have too many citations to provide for easy reading here, but the Wikipedia page is a good start.[2] It is possible that seatbelt laws sped up adoption, but the government has continued to ratchet up safety requirements without regard to the cost/benefit ratio to consumers, and the regulations have prevented further innovation in many area of automotive design and construction.[3][4] 2.
a) Although the 'ingredients list' is a frequently cited example, the court system is sufficient to police this, as product descriptions are legally binding; the judicial system serves well in areas without 'consumer protection' agencies, such as electronic component performance specifications. b) Is the problem that consumer action is ineffective, or that the majority of consumers don't agree with you, and engage in the same boycotts you do? Boycotts by individuals and corporations were effective in pressuring South Africa to stop apartheid, and have worked against many companies including Nike. I for one cannot manage to persuade my fellow citizens to boycott "The Simpsons" (which I don't find funny), or "Lululemon" (which far too many people wear outside of yoga classes), but that does not mean that I should be given the coercive power of the state. Perhaps the onus is on you to be more persuasive, and regulators are unnecessary here as well. c) Maybe codifying standards into law is a possible solution, but the real problem is that there is no way to prevent the standards which are codified from being crafted in such a manner as to benefit special interests more than the general public (for public choice, and political ignorance reasons). [1] http://en.wikipedia.org/wiki/Regulatory_capture [2] http://en.wikipedia.org/wiki/Criticism_of_the_Food_and_Drug_... [3] http://econlog.econlib.org/2014/10/09/mueller2.jpg [4] http://www.autonews.com/article/20140331/OEM11/140339975/tes... |
This claim establishes you either as having horribly terrible reading comprehension, being a liar, or being a lunatic. The idea that the FDA has _cost more lives than it saves_ is so laughably insane that I don't even know where to begin. I guess the easiest place to start is the fact that your "sources" say nothing of the sort: the closest they come to you claim is the the a _specific_ amendment that the FDA made 50 years ago "may have cost more lives than it saved". To somehow conclude that applies to the FDA at large seems impossible for anyone with a reading comprehension level higher than the second grade.