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Originally Posted by IllTestYourGirls
You could make a million but they could take a million it us 100% up to them not you, so yes you have no control of the amount you make they do.
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I supposes if that is scenario then yes, they could raise taxes to 100% and control how much money I make. Any government could do that, not just a fascist one.
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Seriously you think there would still be lead paint if the government didnt step in? Do you think a company would last long selling tainted food? Do you think a drug company that sold drugs that killed people would still be in business? Oh wait on the drug thing, the government is doing just that with many drug companies LOL.
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There was just a big rush of toys that had lead paint in them that came over from China. I think they would sell us lead toys in a heartbeat. I also think there are many companies that would do the same in the name of profit.
Do you think car companies choose to not recall cars that they know could explode on impact? They do if they decide the cost of paying vicitms is less than the cost of paying for a recall.
A food company may not last long, but how many people would die before it was figured out? There was the recent problem with that company and the tainted peanut butter. So if there is no FDA or government body that regulates this stuff how long would it have been until it was tracked down? When it was would anything have happened? I'm sure they could have just promised everything was fine and offered their customers a price break and rolled on as if nothing was wrong.
Sure, there are dangerous drugs out there. Often times it takes many years to learn of all the side effects. I'm not for a second saying that the system is perfect. But with the FDA there is a guidelines they have to follow and tests they have to do. Without that they may just rush it to market. If a bunch of people die from the drug it will put the company out of business (most likely), but at what cost? If the tests the FDA wants would have stopped those deaths is that not a good thing?
I think the basic difference we have is that you feel that the market will always take care of itself and that businesses will always do the right thing because that is what will keep them in business. I think there are businesses out there that are that way, but I think there are also a lot of them that would cut back on safety, put out dangerous products and do anything they could to increase profits.
I don't think government is the answer to every problem, but I think some regulation on the markets and on business is a good thing.