[quote]K2000 wrote:
Right, so if a toymaker is making toys with lead paint, and a bunch of American children get lead poisoning, and some of them die, and some of them have brain damage, then American consumers can stop doing business with these toymakers. Word will spread among consumers, and the toymakers will get the message when they see that orders are down, and will stop using lead paint in order to protect their share of the market. Companies will act in their own best interest, which is naturally good for the consumer as well.
That sounds a lot more efficient than having the federal government test toys before they enter the market, and punishing the toymakers who use lead paint.[/quote]
Here you’re describing a need that may potentially be fulfilled by the market. You’re postulating that there is value in screening all toys for chemicals before they are sold to consumers.
If enough people agreed with your stance (and I imagine that plenty would), then businesses acting on the profit motive would find a way to make those services widely available to the entire market.
Consequently, your postulated need would be fulfilled without government intervention. The same logic can be applied to all needs. Under market conditions, one can ascertain the level of public support for any given “need” simply by looking at how much it would cost to have that need fulfilled.
That is how it is supposed to work.
[quote]K2000 wrote:
You can bankrupt them by not doing business with them
Doubtful, when we are talking about transnational corporations with massive assets. We’re not talking about the local butcher.[/quote]
We have to ask ourselves how those corporations got to be so wealthy and ostensibly powerful in the first place. Once again, under free market conditions the only possible answer is that they did it by providing masses of people with services or products at great value. Unfortunately, that description cannot suffice to explain the current state of affairs, in which corporations owe their wealth and power as much or more to governmental collusion than any business prowess.
For capitalism to really work, you’ve got to start with a clean slate. That’s why it wouldn’t work if imposed now in this country.