|
35
5th March 18:39
External User
|
Cosmetic chemicals found in breast tumours
In article <bu85ei$1er$1@newsg3.svr.pol.co.uk>, Alastair McDonald says...
Ah, but in the case of tobacco, and alcohol, and fatty foods, and a host of
other products, people know that there is a risk inherent in them, and choose to
buy those products anyway. And before you start talking about tobacco companies
denying the risk of their product, consumers were well-aware of the risks of
tobacco for _YEARS_, and nevertheless smoked.
It's a basic issue of whether or not the public feels they've been dealt with
honestly - in the case of Wampler foods, people felt wronged by Wampler's
actions, and punished Wampler accordingly. In the case of tobacco, people knew
the risks, chose to smoke, and big tobacco dealt with the vicissitudes of the marketplace.
The operative word there is "game", Alastair. An economy isn't a game, it's a
system, like an organic system. Sure there are rules that govern the system,
and it is up to some artifice to make sure that the rules are followed, but they
have to be simple rules that work in concert with the system with a minimum of
barriers. Those barriers cause unintended consequences that have to be dealt
with elsewhere.
What rules? Well, rules that essentially protect the rights of those within
that system, as both producers and consumers. Rules against fraud, rules
against theft, rules against causing palpable harm. The rules should extend
from that precept.
But what about rules that only tangentially relate to that precept? Take
Maryland, for instance. Maryland's legislature passed a law restricting certain
products that were not, in their estimation, energy efficient.
Is that really the role of a governing force in a marketplace?
And even the most ardent free-marketeer recognizes that there need to be basic
rules to govern the practices within that economy. You're like those people who
claim that libertarians are anarchists, without examining the realities of
libertarian beliefs: government serves a limited purpose - to preserve and
protect individual rights. This holds true for the political system, as well as the economic one.
Negligence is negligence is negligence is negligence. Let me ask you this,
Alastair - if there is no regulation governing a particular action, should
someone therefore have no responsibility to redress a harm if a harm is caused
by that action?
See, what I'm getting at is that you don't necessarily need a "regulation" to
address every form of negligent act, and if you bury businesses under
regulations, it has the potential to give businesses an "out" (ie, there was no
regulation governing it, therefore we can't be held responsible).
A) You can harness the power of the marketplace to reduce CO2 emissions, if
there is an important public purpose in doing so. You don't need a new
regulatory state, certainly not one on a global scale as would be required.
National environmental bureaucracies are unwieldy and burdensome enough - a
global environmental regulatory bureaucracy would be an intactible bohemoth;
I've written a number of items on the use of market forces to produce
environmental benefits across national boundaries, generally through the use of
guilds and guild seals of approval.
B) Furthermore, not only can you not hamstring nations by creating massive
regulatory schemes on unsettled science (without proper risk assessment and
cost-benefit ****yses), but you also cannot make choices for nations that may
not be advanced as yours, either politically, socially, or economically. It's
immoral and elitist to hobble developing nations that cannot afford to make the
same social policy choices that the developed world can when it comes to the
environment.
- Andrew Langer
Any posts by Andrew Langer are his own, written by him, for his own
enjoyment (and the education of others). Unless expressly stated,
they represent his own views, and not those of any other individuals
or entities. He is not, nor has he ever been, paid to post here.
|