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 Originally Posted by BananaStand
The government has information that consumers might not.
This goes both ways if we're talking individual consumers. If we're talking private sector, the only information it doesn't have that the government has is government secrets. And there is a ton of information that the private sector has that government doesn't.
I assume you're referring to trade organizations and various "certifications" that exist within industries. I think you're saying that a private conglomerate of participating meat vendors could come up with some kind of entity that dictates standards. Meat vendors could advertise their participation in such an entity, and that could give consumers peace of mind when buying their products.
Sure, sounds fine. But how does a consumer verify the integrity of that regulatory entity? You see a piece of meat and it says "Meat Council Approved" on the package. How does the consumer know what the Meat Council is? How does the consumer know what their standards and practices are? What's stopping a shady non-member meat vendor from having some stickers printed up saying "Approved by the Council of Meat"? How does the consumer know that the Council of Meat is shady and the Meat Council is not?
Now let's say you actually have an answer for all of that and can explain how a consumer could easily recognize the difference and that market forces would categorically eliminate exploitation. Now the consumer has to buy milk. Then bread. Then apples. Then gasoline. Also a car, house, dry cleaning, birthday cake and sheetrock screws.
Do you expect the consumer to be informed as to the integrity of private regulators within the milk, bread, apple, gasoline, auto, construction, dry cleaning, cake, and metal hardware industries?
The private sector already quality controls like this and other ways.
Or is it more practical, safer, and more effective if there is a single entity that consumers can turn to in every case.
This gets to the original question of the OP. Why do you think the government is more efficient at this than the private sector?
And that entity exists without a profit motive, but with skin in the game in the form of a mandate to protect and enhance personal freedom.
Skin in the game is when somebody receives the benefit or the consequences of his actions. Being given a mandate doesn't mean you have skin in the game unless you bear the cost of success or failure of achieving that mandate. As we see regularly, government and bureaucrats have skin in the game in a very weak form at best.
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