|reply to LegoPower77 |
Re: Sinking to a New Low
quote:Again, anyone willing to label groups like this "consumer advocates" is drinking the Kool-Aid. Take the Heartland Institute for example. They argue smoking health concerns are "junk science" and thus the tobacco industry should not be regulated for the good of consumers. Reasonable? No. Consumer Advocacy? Hell no. They pose as "pro-smoker" while really working to keep government off of the tobacco industry. It's sleazy crap, not "consumer advocacy."
I suspect your weltanschauung is tainting how you look at these "consumer advocacy" groups.
quote:Perhaps. But these groups aren't just preaching for a free-market (already exists by and large), they're arguing for total deregulation and a largely impotent government regulatory authority, which, I don't care how you'd like to slice it, is not in the best interest of the consumer.
After all, you said yourself that free market advocacy should be labeled stock holder/owner advocacy. As an economist, I can tell you that by and large, free markets do help consumers