To continue with the argument of “the market will self-regulate and people wouldn’t buy that brand anymore so they would never do it again”
Okay but how many people died, how many people are suffering long-term effects, and what’s stopping them from adding a different deadly thing to our food?
Market self regulation assumes informed consumers that are smart enough to know what things mean. Also it assumes healthy competition and companies that are competing to make the best product at the chrapest price. It ALSO assumes brand lotalty isn’t a thing, and consumers are judging things purely objectively.
Like, i understand the idea, but in practice there are a ton of caveats.
To continue with the argument of “the market will self-regulate and people wouldn’t buy that brand anymore so they would never do it again”
Okay but how many people died, how many people are suffering long-term effects, and what’s stopping them from adding a different deadly thing to our food?
Market self regulation assumes informed consumers that are smart enough to know what things mean. Also it assumes healthy competition and companies that are competing to make the best product at the chrapest price. It ALSO assumes brand lotalty isn’t a thing, and consumers are judging things purely objectively.
Like, i understand the idea, but in practice there are a ton of caveats.